IHS Chemical Week

People & Business :: M&A

Praxair acquires two small US Gulf Coast distributors

7:21 AM MDT | March 12, 2014 | Lindsay Frost

Praxair says it has acquired two independent distributors of gas and welding supplies—United Welding Supplies (Houston) and Best Welders Supply (Tulsa, OK). The companies have combined annual sales of $30 million, though financial terms of the transactions were not disclosed. United has 49 employees and operates in three locations distributing gas and welding products. Best has 25 employees and its Tulsa headquarters includes a cylinder fill plant, retail store, and administrative offices, Praxair says. “We have been steadily growing our packaged and...

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