Praxair Canada Inc. has acquired Canadian Cylinder & Gases Inc. (CCG), an independent distributor of industrial and specialty gases and welding equipment.
The business is located in Prince George, British Columbia, where it has been in operation for over 15 years.
The news is seen as the further strengthening of the company’s network in the country. It also follows Praxair Canada’s very recent acquisition of no less than five former Airgas sites in western Canada – in Calgary, Red Deer, Edmonton, Regina and Saskatoon.
“The addition of CCG enhances Praxair Canada’s growth platform in Northern British Columbia and increases our capabilities and resources to meet the needs of our current and future customers in this high growth region of Canada,” said Matt White, President of Praxair Canada.
“We welcome the CCG employees to our Praxair team.”
Leading in the Americas
Praxair, Inc. is the largest industrial gases company in North and South America, and one of the largest worldwide, with 2011 sales of $11bn.
The company produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings.
Sales in the first quarter were $2.840m, an increase of 5% compared to $2.702m in the previous year.
Danbury, Connecticut-based Praxair Distribution, Inc. has announced the opening of a new store in Warwick, Rhode Island that will meet the growing demand for packaged gases and related products in the area.
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