Linde has completed its acquisition of nexAir, which was until now one of the largest independent packed gas distributors in the US, with 2022 sales of about $400m.
The industrial gas giant first announced its plan back in October 2022, with the purchase designed to boost its existing packaged gas business and expand its footprint in the southeastern US.
Read more: Linde Gas & Equipment to acquire nexAir; McEniry to stepdown as CEO
From 2012, Linde Gas & Equipment has held a minority interest in nexAir, but the Linde subsidiary has now purchased the remaining 77.2%.
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