M&A Deal Summary

Matheson Tri-Gas Acquires Linde Gas - HyCO Business

On February 28, 2019, Matheson Tri-Gas acquired chemicals company Linde Gas - HyCO Business from Linde Gas

Acquisition Highlights
  • This is Matheson Tri-Gas’ 3rd transaction in the Chemicals sector.
  • This is Matheson Tri-Gas’ 6th transaction in the United States.

M&A Deal Summary

Date 2019-02-28
Target Linde Gas - HyCO Business
Sector Chemicals
Buyer(s) Matheson Tri-Gas
Sellers(s) Linde Gas
Deal Type Divestiture

Target

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.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

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 6 of 6
Sector: Chemicals M&A 3 of 3
Type: Divestiture M&A Deals 2 of 2
Country: United States M&A 6 of 6
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-24 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.

Buy -

Seller(S) 1

SELLER

Linde Gas

Pullach, Germany

Category Company
Sector Oil/Gas Exploration
DESCRIPTION

Linde Gas divisions are used worldwide in virtually every branch of industry, commerce, science, and research. The company's pharmaceutical and medical gas products and services enable healthcare professionals to provide optimal therapy.


DEAL STATS #
Overall 1 of 1
Sector: Chemicals M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1