Acquisitions

MagneGas Corporation has created a new wholly-owned subsidiary to carry out the company’s aggressive growth and acquisition strategy.

Two more gas analysis companies have joined the Industrial Physics Group after gasworld also revealed the addition of US-based specialist Systech Illinois earlier this week.

Linde Romania has completed the double acquisition of both Rodmir Expert SA and ITO Industries International SA, strengthening its already leading position in the region.

Air Liquide has acquired Cryotainer, a leading player in nitrogen (N2) supply and related services in Benelux, France and Germany.

Technology investment firm Battery Ventures has grown its portfolio of process-measurement and analysis companies after acquiring Analytical Industries Inc. (AII).

Gas analysist specialist Systech Illinois has been acquired by Boston-based test and measurement manufacturer Industrial Physics, Inc and merged with one of its other subsidiary companies.

Weldcoa Inc. and Cryostar USA have completed the transfer of Absolute Zero Cryogenics (AZ) to Cryostar USA.

Sumitomo Cryogenics of America Inc. (SCAI), a wholly-owned subsidiary of Sumitomo Heavy Industries, Ltd. (SHI), has acquired a leading-edge vacuum measurement instrumentation manufacturer.

Speculation whether Air Products will be successful in taking over China’s Yingde Gases Group has been brought to an end with the official disclosure that the company will not be pursuing the acquisition.

The dawn of another week, and the dawn of potentially another high-profile tranche of mergers and acquisitions (M&A) matters across industry.