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Markets :: Industrial Gases
Praxair acquires Houston-based specialty gases firm
12:13 PM MST | December 13, 2012 | Lindsay Frost
Praxair has acquired PortaGas (Houston), a supplier of cylinder specialty gases. The acquisition includes PortaGas’s 40 employees and its new specialty gases facility in the Houston area. Financial terms of the agreement were not disclosed. PortaGas supplies calibration gases for industrial hygiene and safety applications as well as unique, recyclable cylinders as an alternative to disposable cylinders, the company says. “The addition of PortaGas broadens Praxair’s offering of portable cylinder gases,” says John Panikar, president of...
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