Tue, Sep. 15, 7:58 AM
- Praxair (NYSE:PX) agrees to acquire carbon dioxide and dry ice assets from Norwegian fertilizer supplier Yara International (OTCPK:YARIY) for €312M ($353M) to expand its activities serving the food and beverage sector in Europe.
- PX says the acquisition is part of its effort to expand in regions where it can gain cost savings as well as “enhancing our presence in non-cyclical segments such as food and beverage."
- Yara’s European carbon dioxide unit operates three CO2 ships, seven terminals, six dry ice production facilities and five CO2 liquefaction plans; Yara will continue to operate three of the liquefaction plants.
May 29, 2013, 3:46 PMPraxair (PX -0.5%) says its subsidiary, Praxair Offshore Services, has acquired Scotland-based Dominion Technology Gases Investment Limited, a global supplier of diving, welding, industrial, laboratory and calibration gases and associated equipment to the offshore oil and gas industry. Financial terms of the deal weren't disclosed. | May 29, 2013, 3:46 PM | Comment!
Feb. 5, 2013, 7:59 AMPraxair (PX) continues its shopping spree, agreeing to acquire beverage carbonator NuCO2 from P-E firm Aurora Capital Group for $1.1B in cash. NuCO2, which sells its products to quick-service restaurants and convenience stores that offer fountain beverages, expects 2013 revenues of $250M and EBITDA of $115M. The deal adds to Praxair's recent acquisitions of Oxygen and PortaGas. (PR) | Feb. 5, 2013, 7:59 AM | Comment!
Dec. 13, 2012, 12:43 PMPraxair (PX +1.2%) agrees to acquire PortaGas, a producer of portable cylinder gases for the specialty gases market, for an undisclosed amount. PortaGas supplies a variety of calibration gases used in industrial hygiene and safety applications, and has developed unique, recyclable cylinders as an alternative to disposable cylinders. | Dec. 13, 2012, 12:43 PM | Comment!
Jun. 29, 2012, 6:13 PM
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Dec. 23, 2011, 9:09 AM
PX vs. ETF Alternatives
Praxair Inc is engaged in the production, distribution, and sale of atmospheric and process gases, and surface coatings in North America, Europe, South America, and Asia. Its products include oxygen, helium, nitrogen, and specialty gases, among others.
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