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DANBURY, US: Praxair Inc has completed the previously announced acquisition of NuCO2 Inc for $1.1 billion from Aurora Capital Group.
“NuCO2 is a high-quality business that fits directly within Praxair’s strategy of building density and providing customer reliability. It will continue to operate with a focus on customer service and will benefit from Praxair’s strong competencies in distribution and productivity. Praxair will grow its beverage carbonation businesses domestically and internationally through expanded product and service offerings,” said Eduardo Menezes, Executive Vice President, Praxair.
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