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Acquisitions News
Praxair-Linde to complete $90bn merger
It’s official: Praxair, Inc. and The Linde Group will complete a $90bn merger of equals, creating the single biggest player in the global industrial gases business.
Chart Industries completes acquisition of VRV
Chart Industries yesterday said it had completed its €125m (approx. $147m based on current exchange rates) acquisition of VRV and its subsidiaries.
Central Welding Supply acquires AXIUM Gases
Central Welding Supply, provider of gases, safety and welding supplies, based in North Lakewood, Washington, has acquired AXIUM Gases.
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Air Products to acquire GE’s gasification business
Air Products has signed an agreement to acquire General Electric Company’s (GE) gasification business.
FuelCell Energy to acquire fuel cell park
FuelCell Energy has entered into an agreement to acquire the existing 14.9 megawatt fuel cell park in Bridgeport, Connecticut, US from Dominion Energy.
Linde plc shares trading on NYSE
Linde and Praxair have announced the successful completion of their business combination, with Linde plc shares commencing trading on the New York Stock Exchange under the ticker symbol ‘LIN’.
MagneGas acquires Louisiana welding supply company
MagneGas Applied Technology Solutions, Inc., a leading clean technology company in the renewable resources and environmental solutions industries, has successfully completed the acquisition of an independent industrial gas and welding supply distributor based in Shreveport, Louisiana.
FNE approves with measures Praxair-Linde merger
Chile antitrust authority Fiscalía Nacional Económica (FNE) yesterday approved with mitigation measures the $90bn merger of Linde AG and Praxair, Inc.
Chopra’s concerns on megamerger
US Federal Trade Commission (FTC) commissioner Rohit Chopra objected to his agency’s approval of the Linde-Praxair merger as he says it “is not without risks to competition”.
Battery Ventures acquires SigmaTEK Systems
Battery Ventures, a Boston-based technology investment firm, has acquired software company SigmaTEK Systems, the maker of SigmaNEST™.
Holston Gases acquires propane division of Powell-Clinch Utility District
Holston Gases Inc. has acquired the propane division of Powell-Clinch Utility District and began servicing its customers on the 1st October, 2018.
MagneGas completes acquisition of Texas Welding Supply
MagneGas Applied Technology Solutions, Inc., a leading clean technology company in the renewable resources and environmental solutions industries, has completed the acquisition of Texas Welding Supply Company, an independent industrial gas and welding supply distributor based in Paris, Texas.
FTC requires Praxair and Linde to divest assets
The Federal Trade Commission (FTC) said yesterday that it will require Praxair, Inc. and Linde AG to divest assets in nine industrial gases product markets in numerous geographic markets in the US, as part of a settlement that resolves charges that their proposed merger would likely be anticompetitive.
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