Acquisitions

Memphis-based nexAir has acquired Air Liquide liquid CO2 and dry ice facilities in Millington, Tennessee.

Dry ice innovator Cold Jet has announced its acquisition of fellow dry ice company IceTech.

Praxair Distribution, Inc. (PDI), a subsidiary of Praxair, Inc., announced its two joint venture companies operating in the Southeastern US have merged. Financial terms of the transaction were not disclosed.

MATHESON continues its programme of strategic expansion with the acquisition of 3-D Welding & Industrial Supply Inc. (3-D Welding) in Central Texas.

Air Products Chairman, President and CEO Seifi Ghasemi was among the speakers at this week’s Citi Basic Materials Conference in New York.

Worthington Industries, Inc. has announced that its Cryogenics business in the Pressure Cylinders segment is to purchase the assets of the global CryoScience business of Taylor-Wharton, including a manufacturing facility in Theodore, Alabama.

MAN Diesel & Turbo Sverige AB, a wholly owned subsidiary of MAN Diesel & Turbo SE, has acquired the marine fuel gas supply system (FGSS) business from Sweden-based Cryo AB.

The earth shook in the global gases business last week, with the news that Air Liquide had agreed the $13.4bn acquisition of fellow Tier One company Airgas, Inc., signalling a potentially seismic shift in the...

Following the news that Air Liquide has made an offer of $143 per share, valuing Airgas at $13.4bn, gasworld Business Intelligence investigates as to whether this will result in a successful acquisition. 

Air Liquide has reached an agreement to acquire Airgas in a game-changing combination that strengthens Air Liquide’s global leadership position, offers new opportunities to Airgas’ customers and delivers significant value to shareholders.