M&A Deal Summary

Praxair Acquires Lake County Medical Gas

On December 12, 2006, Praxair acquired distribution company Lake County Medical Gas

Acquisition Highlights
  • This is Praxair’s 14th transaction in the Distribution sector.
  • This is Praxair’s 20th transaction in the United States.
  • This is Praxair’s 2nd transaction in Illinois.

M&A Deal Summary

Date 2006-12-12
Target Lake County Medical Gas
Sector Distribution
Buyer(s) Praxair
Deal Type Add-on Acquisition

Target

Lake County Medical Gas

Mundelein, Illinois, United States
Lake County Medical Gas, Inc. is a distributor of industrial and specialty gases, equipment and supplies.

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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 23 of 58
Sector (Distribution) 14 of 33
Type (Add-on Acquisition) 19 of 51
State (Illinois) 2 of 3
Country (United States) 20 of 46
Year (2006) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-12-12 Withrow Oxygen Service

South Lake Tahoe, California, United States

Withrow Oxygen Service, Inc. is an industrial distributor of medical and specialty gases.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-24 Mittler Supply

South Bend, Indiana, United States

Mittler Supply, Inc. is an independent distributor of industrial, medical, specialty gases and related welding equipment and supplies.

Buy -