M&A Deal Summary

Praxair Acquires Fowler Brothers

On April 14, 2009, Praxair acquired distribution company Fowler Brothers

Acquisition Highlights
  • This is Praxair’s 21st transaction in the Distribution sector.
  • This is Praxair’s 27th transaction in the United States.
  • This is Praxair’s 2nd transaction in Alabama.

M&A Deal Summary
Date 2009-04-14
Target Fowler Brothers
Sector Distribution
Buyer(s) Praxair
Deal Type Add-on Acquisition

Target

Fowler Brothers

Birmingham, Alabama, United States
Fowler Brothers, Inc. is a distributor of specialty gases and related welding equipment.

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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 31 of 58
Sector (Distribution) 21 of 33
Type (Add-on Acquisition) 26 of 51
State (Alabama) 2 of 2
Country (United States) 27 of 46
Year (2009) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-04-14 Alabama Welding Supply

Dolomite, Alabama, United States

Alabama Welding Supply, Inc. is a distributor of industrial welding equipment.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-07-01 Sermatech International

Pottstown, Pennsylvania, United States

Sermatech International, is a provider of engineered coatings, special processes and component repair services to OEMs, Tier 1 suppliers and aftermarket service providers in the aerospace, industrial gas turbine, defense, oil and gas and other industrial markets.

Buy -
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