M&A Deal Summary

Praxair Acquires A&B Electric Motors and Supplies

On April 21, 2016, Praxair acquired distribution company A&B Electric Motors and Supplies

Acquisition Highlights
  • This is Praxair’s 33rd transaction in the Distribution sector.
  • This is Praxair’s 46th transaction in the United States.
  • This is Praxair’s 2nd transaction in Arizona.

M&A Deal Summary
Date 2016-04-21
Target A&B Electric Motors and Supplies
Sector Distribution
Buyer(s) Praxair
Deal Type Add-on Acquisition

Target

A&B Electric Motors and Supplies

Arizona, United States
A&B Electric Motors and Supplies, Inc. is an independent distributors of industrial and specialty packaged gases.

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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 58 of 58
Sector (Distribution) 33 of 33
Type (Add-on Acquisition) 51 of 51
State (Arizona) 2 of 2
Country (United States) 46 of 46
Year (2016) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-21 The Welding Center

Bedford Park, Illinois, United States

The Welding Center, Inc. is a distributor of welding, cutting and safety supplies and equipment.

Buy -
Mergr

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