M&A Deal Summary

Matheson Tri-Gas Acquires American Air Liquide

On June 24, 2016, Matheson Tri-Gas acquired chemicals company American Air Liquide from L Air Liquide

Acquisition Highlights
  • This is Matheson Tri-Gas’ 2nd transaction in the Chemicals sector.
  • This is Matheson Tri-Gas’ 5th transaction in the United States.
  • This is Matheson Tri-Gas’ 2nd transaction in California.

M&A Deal Summary
Date 2016-06-24
Target American Air Liquide
Sector Chemicals
Buyer(s) Matheson Tri-Gas
Sellers(s) L Air Liquide
Deal Type Divestiture

Target

American Air Liquide

Fremont, California, United States
American Air Liquide, Inc. operates in production and sale of industrial gases with Eighteen air separation units in sixteen locations, Two nitrous oxide production facilities and Four liquid carbon dioxide production facilities in four states, including two dry ice production facilities.

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Buyer(S) 1

Buyer

Matheson Tri-Gas

Basking Ridge, New Jersey, United States
Category Company
Founded 1926
Sector Chemicals
DESCRIPTION

Matheson Tri-Gas, Inc. is a provider of scientific gases and equipment.

DEAL STATS #
Overall 5 of 6
Sector (Chemicals) 2 of 3
Type (Divestiture) 1 of 2
State (California) 2 of 2
Country (United States) 5 of 6
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-10-31 Matheson Tri-Gas - SDS Rights

United States

Sell $95M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-28 Linde Gas - HyCO Business

United States

Linde Gas - HyCO Business is an industry term covering the production of hydrogen, carbon monoxide, syngas, which is a mixture of hydrogen, carbon monoxide and carbon dioxide. The HyCO business includes a remote operations center in LaPorte, TX that supports HyCO plants in the states of Alabama, Illinois, Ohio, Washington, and pipeline customers near the Houston Ship Channel.

Buy -

Seller(S) 1

SELLER

L Air Liquide

Paris, France
Category Company
Founded 1902
Sector Chemicals
Employees67,778
Revenue 27.6B EUR (2023)
DESCRIPTION
Air Liquide office in Houston, Texas.
Air Liquide office in Houston, Texas.

L'Air Liquide is a global provider of gases. Products include oxygen, nitrogen, hydrogen and specialty gases. L'Air Liquide was formed in 1902 and is based Paris, France.

DEAL STATS #
Overall 4 of 11
Sector (Chemicals) 1 of 3
Type (Divestiture) 3 of 10
State (California) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-01 PDP Couriers

Cardiff, United Kingdom

PDP Couriers is a specialist courier for clinical trials, transport of clinical and medical research, and logistics management. Operating globally, PDP provides solutions for time-critical and temperature-sensitive shipments for pre-clinical trial and phase I -IV clinical trial material, clinical trial drugs, and support of managed access programs. PDP Couriers is based in Cardiff, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-04 Aqualung Group

Provence-Alpes-Côte d'Azur, France

Aqualung Group engages in manufacturing of equipment for adventure, fitness and safety whether in the water, on land or in the air. Each of company brands services the specific needs of demanding customers through product innovation, worldwide distribution and customer service. Aqualung is dedicated to designing, manufacturing and delivering quality gear for recreational and professional use. Aqualung Group was founded in 1943 and is based in Provence-Alpes-Côte d'Azur, France.

Sell -
Mergr

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