M&A Deal Summary

Praxair Acquires Volgograd Oxygen Factory

On June 24, 2013, Praxair acquired chemicals company Volgograd Oxygen Factory

Acquisition Highlights
  • This is Praxair’s 9th transaction in the Chemicals sector.
  • This is Praxair’s 1st transaction in Russia.

M&A Deal Summary

Date 2013-06-24
Target Volgograd Oxygen Factory
Sector Chemicals
Buyer(s) Praxair
Deal Type Add-on Acquisition

Target

Volgograd Oxygen Factory

Volgograd, Russia
Volgograd Oxygen Factory is a producer and distributor of industrial gases.

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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 44 of 58
Sector: Chemicals M&A 9 of 12
Type: Add-on Acquisition M&A Deals 38 of 51
Country: Russia M&A 1 of 1
Year: 2013 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-29 Dominion Technology Gases Investment

Aberdeen, United Kingdom

Dominion Technology Gases Investment Ltd. is a supplies specialist gases and chemicals used for diving, welding and testing by offshore oil and gas customers. The gases and chemicals are analysed and mixed in the company’s own laboratory and supplied to customers in specially designed containers and cylinders.

Buy -
FOLLOWING 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 -