Praxair acquire Texas Welders Supply Company in US

Praxair to acquire Texas Welders Supply Company in US

2:45 AM, 23rd December 2011
Praxair to acquire Texas Welders Supply Company in US
John Panikar, President, Praxair Distribution Inc.

DANBURY, US: Praxair Distribution Inc (PDI), a subsidiary of Praxair Inc will acquire Texas Welders Supply Company (TWSCO). The transaction is expected to close by 31 December 2011, subject to customary requirements. PDI has a growing packaged gases presence in the Houston area, having acquired another independent distributor, National Alloy, in August 2011. Houston is among the top five welding markets in the US.

“TWSCO’s sales, technical support and related services are directed primarily to the energy sector, which, combined with Praxair’s broader presence serving global refinery and petrochemical customers along the Gulf Coast with pipeline and bulk liquid gases, expands Praxair’s capabilities to supply industrial and specialty gases, equipment and services to these customers,” said John Panikar, President, PDI.

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