M&A Deal Summary

Praxair Acquires Sermatech International

On July 1, 2009, Praxair acquired chemicals company Sermatech International

Acquisition Highlights
  • This is Praxair’s 3rd transaction in the Chemicals sector.
  • This is Praxair’s 28th transaction in the United States.
  • This is Praxair’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2009-07-01
Target Sermatech International
Sector Chemicals
Buyer(s) Praxair
Deal Type Add-on Acquisition

Target

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.

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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 32 of 58
Sector (Chemicals) 3 of 12
Type (Add-on Acquisition) 27 of 51
State (Pennsylvania) 1 of 1
Country (United States) 28 of 46
Year (2009) 4 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
2011-02-02 Praxair - U.S. Homecare Business

Danbury, Connecticut, United States

Praxair’s U.S. homecare business operates from 85 branch locations, providing home respiratory services and durable medical equipment to clients in their homes across 27 states and employs approximately 1,100 people.

Sell -
Mergr

Product

Company

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