Praxair Canada Inc., a subsidiary of Praxair, Inc. (NYSE: PX), has
acquired Canadian Cylinder & Gases Inc. (CCG), an independent
distributor of industrial and specialty gases and welding equipment. The
business is located in Prince George, British Columbia, where it has
been in operation for over 15 years. Financial terms of the transaction
were not disclosed.
"The addition of CCG enhances Praxair Canada’s growth platform in
Northern British Columbia and increases our capabilities and resources
to meet the needs of our current and future customers in this high
growth region of Canada,” said Matt White, president of Praxair Canada.
"We welcome the CCG employees to our Praxair team.”
Praxair, Inc. is the largest industrial gases company in North and South
America, and one of the largest worldwide, with 2011 sales of $11
billion. The company produces, sells and distributes atmospheric,
process and specialty gases, and high-performance surface coatings.
Praxair products, services and technologies are making our planet more
productive by bringing efficiency and environmental benefits to a wide
variety of industries, including aerospace, chemicals, food and
beverage, electronics, energy, healthcare, manufacturing, metals and
others. More information on Praxair, Inc. is available on the Internet