Did Praxair get bought out?
Founded in 1907, Praxair was the largest industrial gases company in North and South America, and the third-largest worldwide by revenue. In 2018 it merged with Linde AG to form Linde plc. The Praxair name was discontinued on September 1, 2020.
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Praxair.
| Type |
Subsidiary of Linde plc |
| Website |
www.praxair.com |
| Footnotes / references |
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Is Praxair part of Airgas?
In December, Praxair Inc., based in Danbury, Connecticut, made an offer to acquire German company Linde Group. The transaction, valued at $35.6 billion, follows the purchase in 2016 of U.S.-based Airgas Inc. by France's L'Air Liquide SA for $13.4 billion.
Is Linde and Praxair merger?
Danbury, CT, August 13, 2020 – Linde (NYSE: LIN; FWB: LIN) today announced that its U.S. subsidiary, Praxair, Inc., will begin operating under the Linde name, effective September 1. This name change reflects the company's evolution following the merger of Praxair, Inc.