MDM-Podcasts-launch
Need Help? (888) 742-5060

In The News:

Praxair Acquires Italian Gases Businesses

Praxair, Inc. (NYSE: PX), Danbury, CT, has acquired 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.

“We continue to execute on our business strategy of building out production and distribution density in key geographies,” said Todd Skare, president, Praxair Europe. “Our expanded operations will also enable us to supply industrial gases to our customers across the country even more efficiently.”

In addition, Praxair sold its industrial gases operations in France to Messer France SAS. Prior to this agreement, Praxair had a small industrial gases presence in France. This transaction enables the company to deliver on its stated strategy of investing in its core geographies.

© 2019 Gale Media, Inc.

Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit www.mdm.com/reprints. MDM welcomes inbound links from your site. Please cite Modern Distribution Management.

2018-top-distributors-listThe 2018 Top Distributors List

This free PDF includes lists of top distribution companies across 14 sectors.

You will also receive MDM Update, our daily distribution e-newsletter & other distribution-focused content.

Download the Free PDF now >>


MDM-UpdateMDM Update: Daily Newsletter 

Sign up to read the best source for news & trends in wholesale distribution, MDM Update. Delivered daily to your inbox. 

Sign-up for MDM Update >>

Partner Center