Another blockbuster deal looms for gases & welding equipment distribution.
Latest In Gases & Welding Equipment
Deal would create largest gases distributor in world.
Air Liquide sales grew 2.2% in first half of 2016.
North America sales down 5 percent year-over-year.
Year-to-date sales down 5.2 percent year-over-year.
Year-to-date sales decrease 6.1 percent compared to same period in 2015.
Haun acquired Danes Welding Supply and Johnson Welding Supply.
Tampereen Teollsuusshk Oy serves brewing, beverage and dairy companies.
Price increases for gases up to 15 percent, effective July 15.
This article is part of MDM's 2016 Distribution Trends Special Issue. It provides a quick look at key trends affecting the gases & welding equipment distribution sector.
The annual feature was researched and written by MDM based on interviews with dozens of distributors, industry experts and manufacturers. MDM also conducted a survey of its readers to uncover the trends outlined in this issue.
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Divestment would go toward satisfying conditions of Airgas acquisition.
Company signs letter of intent to move into historic building in spring 2017.
Company acquires two gas and welding distributors.
Combined businesses projected to generate annual sales of $22.4 billion.
Company selling division to Evonik Industries for $3.8 billion.
North America sales down 9.7 percent year-over-year.
Profit for the quarter decreased 5.5 percent.
Mixed channel dynamics happening sooner than expected for industrial gases companies.