Sep. 15, 2015, 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 PM
Praxair (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
Feb. 5, 2013, 7:59 AM
Praxair (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
Dec. 13, 2012, 12:43 PM
Praxair (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
Jun. 29, 2012, 6:13 PM
Praxair Canada, a subsidiary of Praxair (PX), acquires Canadian Cylinder & Gases, an independent distributor of industrial and specialty gases and welding equipment located in Prince George, British Columbia. Financial terms were not disclosed.| Jun. 29, 2012, 6:13 PM
Feb. 1, 2012, 2:43 PM
Dec. 23, 2011, 9:09 AM
Praxair (PX) works out an agreement to acquire one of its long-time distributers - Texas Welders Supply - for an undisclosed amount in a deal expected to close by year-end.| Dec. 23, 2011, 9:09 AM