M&A Deal Summary

Praxair Acquires Best Welders Supply

On March 11, 2014, Praxair acquired distribution company Best Welders Supply

Acquisition Highlights
  • This is Praxair’s 28th transaction in the Distribution sector.
  • This is Praxair’s 39th transaction in the United States.
  • This is Praxair’s 1st transaction in Oklahoma.

M&A Deal Summary
Date 2014-03-11
Target Best Welders Supply
Sector Distribution
Buyer(s) Praxair
Deal Type Add-on Acquisition

Target

Best Welders Supply

Tulsa, Oklahoma, United States
Best Welders Supply, Inc. is a Tulsa, Oklahoma based independent distributor of industrial, cryogenic and specialty gases, welding supplies and equipment. For more than 40 years our customers have relied on BWSI for outstanding products, prompt delivery and overall value. Serving market segments from petrochemical, heavy fabrication, pipe line construction, research & development, universities to health care, Best Welders Supply has the products and the expertise to meet your requirements.

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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 46 of 58
Sector (Distribution) 28 of 33
Type (Add-on Acquisition) 40 of 51
State (Oklahoma) 1 of 1
Country (United States) 39 of 46
Year (2014) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-11 United Welding Supplies

Houston, Texas, United States

United Welding Supplies LLC an independent gas and welding products distributors in the greater Houston area.Operates three locations, including its headquarters and primary cylinder filling plant in Houston and retail stores in LaPorte and Freeport, Texas. In 2007 as part of a 2 million dollar renovation, United installed a state of the art semi-automated cylinder fill plant and specialty gas lab.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-02 Lake Welding Supply

Muskegon, Michigan, United States

Lake Welding Supply Co., Inc. is an independent gas and welding products distributors.

Buy -
Mergr

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