M&A Deal Summary

Praxair Acquires The Welding Center

On April 21, 2016, Praxair acquired distribution company The Welding Center

Acquisition Highlights
  • This is Praxair’s 33rd transaction in the Distribution sector.
  • This is Praxair’s 46th transaction in the United States.
  • This is Praxair’s 3rd transaction in Illinois.

M&A Deal Summary

Date 2016-04-21
Target The Welding Center
Sector Distribution
Buyer(s) Praxair
Deal Type Add-on Acquisition

Target

The Welding Center

Bedford Park, Illinois, United States
The Welding Center, Inc. is a distributor of welding, cutting and safety supplies and 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 58 of 58
Sector: Distribution M&A 33 of 33
Type: Add-on Acquisition M&A Deals 51 of 51
State: Illinois M&A 3 of 3
Country: United States M&A 46 of 46
Year: 2016 M&A 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-21 Welder Services

Fort Wayne, Indiana, United States

Welder Services, Inc. is one of the largest, most complete independent welding distributors in Indiana.

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