Acquisitions News

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Linde and Delvar Afzar in Iran JV

19 January 2017By

A new player has been created in Iran’s industrial gas industry, as The Linde Group and Delvar Afzar Industrial Gases have teamed up in a joint venture.

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Praxair-Linde: Deal agreed in principle

20 December 2016By

Praxair, Inc. and The Linde Group have announced agreement on a non-binding term sheet governing the essential terms of a merger of equals between the two companies.

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Praxair and Linde: Discussing a new chapter

16 August 2016By John Raquet

There is an expression ‘what goes around, comes around’ and that is very true related to the breaking news of a potential merger between Praxair, Inc. and The Linde Group. Here, gasworld Business Intelligence explores the history and potential future between the Tier One players.

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Tech Air acquires GASCO in 20th add-on

19 January 2017By

Tech Air has announced that it has acquired Florida-based Gasco Affiliates LLC (GASCO), a producer of speciality gases.

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Chart announces acquisition of Hetsco

17 January 2017By

Chart Industries, Inc. has announced that its subsidiary, Chart Lifecycle, Inc. has acquired Hetsco, Inc., from Global Power Equipment Group, Inc. for approximately $22m.

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Linde acquires leading US medical O2 supplier

16 January 2017By

Linde Gas North America LLC has strengthened its offerings to healthcare providers in the US after acquiring a market-leading provider of medical oxygen (O2) and respiratory equipment repair services.

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Ballard Power takes over European subsidiary

11 January 2017By

Fuel cell specialist Ballard Power Systems has purchased all the shares and acquired 100% ownership of its European subsidiary, strengthening its brand awareness and presence in the continent.

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Air Products makes move to acquire Yingde Gases

9 January 2017By

Air Products has made a move to acquire all the outstanding shares of Yingde Gases Group Company Limited.

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Industry M&A – Part 1

4 January 2017By Brian Devaeux, Matthew Caras

In this first installment of a two-part series, we describe some of the demographic trends we are observing that lead us to the conclusion that business owner demographics will drive consolidation over the next 12 to 18 months.

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Air Liquide buys land for “future innovation”

3 January 2017By

Air Liquide Japan could soon be investing in added research and development (R&D) opportunities as it has completed the acquisition of a parcel of land in Japan and set it aside for “future innovation development.”

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Air Liquide completes Aqua Lung divestment

3 January 2017By

Air Liquide has completed the sale of its aquatic equipment subsidiary Aqua Lung to European private equity firm Montagu Private Equity.

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Worthington renames CryoScience product line

26 December 2016By

One year on after it acquired Taylor-Wharton’s CryoScience product line, Worthington Industries has announced that it is changing the brand name of its cold chain equipment range from ‘CryoScience by Taylor-Wharton’ to ‘Worthington Industries.’

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Praxair-Linde merger: What happens next?

20 December 2016By

With news of a potential merger between Praxair, Inc. and Linde AG dominating the headlines for the past several months, the deal looks like its back on the table after both Tier One players put out official statements today of their intention to combine.

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