M&A Deal Summary

Praxair Acquires AGA S.A. de C.V.

On February 20, 2007, Praxair acquired chemicals company AGA S.A. de C.V. from Linde

Acquisition Highlights
  • This is Praxair’s 2nd transaction in the Chemicals sector.
  • This is Praxair’s 1st transaction in Mexico.

M&A Deal Summary
Date 2007-02-20
Target AGA S.A. de C.V.
Sector Chemicals
Buyer(s) Praxair
Sellers(s) Linde
Deal Type Divestiture

Target

AGA S.A. de C.V.

Tlalnepantla de Baz, Mexico
AGA S.A. de C.V. is a manufacture and distributor of industrial and medical 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 25 of 58
Sector (Chemicals) 2 of 12
Type (Divestiture) 5 of 7
Country (Mexico) 1 of 1
Year (2007) 2 of 4
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-05-02 Rite Weld Supply

Fort Worth, Texas, United States

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

Buy -

Seller(S) 1

SELLER

Linde

Woking, United Kingdom
Category Company
Founded 1879
Sector Chemicals
Employees66,195
Revenue 32.9B USD (2023)
DESCRIPTION

Linde is an international industrial gas and engineering company that offers oxygen, nitrogen, argon, rare gases, carbon dioxide, hydrogen, helium, electronic and specialty gases, acetylene, and carbon monoxide. The company also designs and constructs turnkey process plants, such as olefin, natural gas, air separation, hydrogen and synthesis gas, and other plants. Linde was founded in 1879 and is based in Woking, United Kingdom.

DEAL STATS #
Overall 1 of 7
Sector (Chemicals) 1 of 4
Type (Divestiture) 1 of 6
Country (Mexico) 1 of 1
Year (2007) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-03-06 The BOC Group

Guildford, United Kingdom

The BOC Group is a multinational industrial gas company. It was formed in 1886 is based in Guildford, England.

Buy £8.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-12 Edwards Group

Crawley, United Kingdom

Edwards is a leading supplier of integrated solutions for the manufacture of microelectronics devices, including semiconductors and flat panel displays. It is also a world leader in vacuum technology for industrial, scientific, process, and R&D applications. Edwards employs around 4,000 people globally, in the design, manufacture and support of high technology vacuum equipment.

Sell €685M
Mergr

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