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Industrial M&A image Industrial M&A » By The Online Investor Staff, updated Wed., May. 27, 5:56 AM Recent mergers and acquisitions in the Industrial M&A category.

Slide #43. Praxair Messer Group Industrial Gases Business in Italy

Acquirer: Praxair (PX)
Acquiree: Messer Group Industrial Gases Business in Italy
Details: Praxair, Inc. (NYSE:PX) announced it has strengthened its position in Italy through the acquisition of Messer Italia S.p.A's liquid carbon dioxide, oxygen, nitrogen and argon and packaged gases businesses. The businesses will be fully integrated into the operations of Praxair's Italian joint venture, Rivoira S.p.A. Terms of the agreement were not disclosed.

Praxair is an industrial gas company in North and South America. Co.'s operations consist of two main product lines: industrial gases and surface technologies. The industrial gases product line centers on the manufacturing and distribution of atmospheric gases (oxygen, nitrogen, argon, rare gases) and process gases (carbon dioxide, helium, hydrogen, electronic gases, specialty gases, acetylene). Co.'s surface technologies segment supplies wear-resistant and high-temperature corrosion-resistant metallic and ceramic coatings and powders. Co.'s subsidiary, Praxair Surface Technologies, supplies wear-resistant and high-temperature corrosion-resistant metallic and ceramic coatings and powders.

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Company Name: 
Linde plc
Stock buyback: 
PX buyback
Website: 
www.praxair.com
Sector: 
Specialty Chemicals
 

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