Thursday, April 23, 2009

Praxair Distribution acquires packaged gas companies

Alabama, Texas operations are added to southern region
Industrial Distribution Staff -- Industrial Distribution, 4/21/2009 1:41:27 PM


Praxair Distribution Inc., a subsidiary of Praxair, Inc., has acquired Alabama Welding Supply of Dolomite, Ala. Fowler Brothers of Birmingham, Ala., and Service Gas Supply of Midlothian, Texas. Terms of the agreement were not disclosed.
The operations will be integrated into Praxair Distribution's southern region. The division supplies industrial, specialty and medical gases and related equipment from 500 locations in the U.S. and Canada.
"We continue to execute our strategy of acquiring high quality distribution businesses that fit our portfolio while maintaining our strict return criteria," said George Ristevski, president of Praxair Distribution, in a company press release.

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