Praxair Canada Inc., a subsidiary of Praxair, Inc., has acquired Canadian Cylinder & Gases Inc. (CCG), an independent distributor of industrial and specialty gases and welding equipment. The business is located in Prince George, British Columbia, where it has been in operation for over 15 years. Financial terms of the transaction were not disclosed.
“The addition of CCG enhances Praxair Canada’s growth platform in Northern British Columbia and increases our capabilities and resources to meet the needs of our current and future customers in this high growth region of Canada,” said Matt White, president of Praxair Canada.
Praxair signs long-term agreement to supply Samsung Electro-Mechanics
Praxair, Inc. announced it has signed a long-term agreement to supply industrial gases to Samsung Electro-Mechanics (SEM), one of the world’s largest MLCC (Multi-Layer Ceramic Capacitors) manufacturers. Praxair has been supplying nitrogen to SEM’s manufacturing facility in the Noksan Indust ... more
Linde and Praxair announce intention to merge
Linde AG and Praxair, Inc. announced that the companies intend to combine in a merger of equals under a new holding company through an all-stock transaction. The companies have signed a non-binding term sheet and expect to execute a definitive Business Combination Agreement as soon as pract ... more
Praxair approaching Linde to resume merger discussion
Praxair, Inc. confirmed that the company has approached Linde AG about resuming discussions regarding a potential merger. There can be no assurance that this will result in a transaction, or on what terms any transaction may occur. Praxair does not intend to comment further at this time. more
Praxair is the largest industrial gases company in North and South America, and one of the largest worldwide, with 2006 sales of $8.3 billion. The company produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings. Praxair’s products, ser ... more
Praxair's primary products are: » atmospheric gases -- oxygen, nitrogen, argon and rare gases (produced when air is purified, compressed, cooled, distilled and condensed), and » process & specialty gases -- carbon dioxide, helium, hydrogen, semiconductor process gases, and acetylene ( ... more
