Praxair acquires propane business Blue Rhino


Praxair has acquired the propane tank-exchange business of Blue Rhino, a Ferrellgas Partners company.

Under the agreement, Praxair bought more then 900 propane tank-exchange display cages at retail locations across Canada.

The company will take over the contract to supply more than 300 retail gasoline stations belonging to Shell Canada.

In conjunction with this transaction, Praxair also signed a distributor agreement with Superior Tank incorporation.

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