M&A Deal Summary

Praxair Acquires Falls Medical Co.

On May 1, 2001, Praxair acquired medical products company Falls Medical Co.

Acquisition Highlights
  • This is Praxair’s 3rd transaction in the Medical Products sector.
  • This is Praxair’s 8th transaction in the United States.
  • This is Praxair’s 1st transaction in Ohio.

M&A Deal Summary

Date 2001-05-01
Target Falls Medical Co.
Sector Medical Products
Buyer(s) Praxair
Deal Type Add-on Acquisition

Target

Falls Medical Co.

Cuyahoga Falls, Ohio, United States
Falls Medical Co. is a provider of respiratory therapy equipment and durable medical equipment.

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Buyer(S) 1

Buyer

Praxair

Danbury, Connecticut, United States

Category Company
Founded 1907
Sector Chemicals
Revenue 10.5B USD (2016)
DESCRIPTION
View of Praxair's corporate headquarters in Danbury, Connecticut.
View of Praxair's corporate headquarters in Danbury, Connecticut.

Praxair is an industrial gases company that produces, sells, and distributes atmospheric and process gases, and high-performance surface coatings. The company's products, services, and technologies serve a variety of industries including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing, metals, and others. Praxair was formed in 1907 and is based in Danbury, Connecticut.


DEAL STATS #
Overall 9 of 58
Sector: Medical Products M&A 3 of 6
Type: Add-on Acquisition M&A Deals 9 of 51
State: Ohio M&A 1 of 4
Country: United States M&A 8 of 46
Year: 2001 M&A 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-05-01 HealthCare Partners

Louisville, Kentucky, United States

HealthCare Partners LLC is a home respiratory and home medical equipment company.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-03-04 Alpine Medical

Lexington, Kentucky, United States

Alpine Medical LLC is a provider of medical respiratory and infusion care services in the home. Using the most technologically advanced equipment and the best clinical care standards.

Buy -