M&A Deal Summary

Praxair Acquires NOxBOX

On March 2, 2016, Praxair acquired medical products company NOxBOX from Bedfont Scientific

Acquisition Highlights
  • This is Praxair’s 6th transaction in the Medical Products sector.
  • This is Praxair’s 2nd transaction in the United Kingdom.

M&A Deal Summary

Date 2016-03-02
Target NOxBOX
Sector Medical Products
Buyer(s) Praxair
Sellers(s) Bedfont Scientific
Deal Type Add-on Acquisition

Target

NOxBOX

Kent, United Kingdom
NOxBOX Ltd. is a manufacture of inhaled gas delivery and monitoring instruments for the medical market.

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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 53 of 58
Sector: Medical Products M&A 6 of 6
Type: Add-on Acquisition M&A Deals 46 of 51
Country: United Kingdom M&A 2 of 2
Year: 2016 M&A 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-24 Tecnogas SA

Callao, Peru

Tecnogas SA is a local producer and distributor of carbon dioxide and industrial gases.

Buy -
FOLLOWING 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 -

Seller(S) 1

SELLER

Bedfont Scientific

Kent, United Kingdom

Category Company
Founded 1976
Sector Test/Measurement Equipment
DESCRIPTION

Bedfont Scientific is a manufacturer of exhaled breath and gas monitoring instruments. Bedfont Scientific is based in Kent, United Kingdom.


DEAL STATS #
Overall 1 of 1
Sector: Medical Products M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1992-01-01 NOxBOX

Kent, United Kingdom

NOxBOX Ltd. is a manufacture of inhaled gas delivery and monitoring instruments for the medical market.

Buy -