Praxair acquires distributors of industrial packaged gases in Texas and California

Praxair acquired Cryospec and Garland Welding Supplies, two US-distributors of industrial and specialty packaged gases and related supplies. The two industrial gas suppliers have annual sales of about $10 million combined for 2014.

About the acquired companies

For 17 years, Cryospec has served the life science and electronics industries in the greater Bay Area from its facilities located in South San Francisco and Fremont, California.

"Joining Praxair enables us to provide an even broader array of products and services to our customers," says Douglas Wells, Cryospec’s owner and president.

Garland Welding Supplies (GWS), family owned and operated since its founding in 1967, is one of the oldest independent gas and welding products distributors in the greater Dallas area. The company operates a cylinder filling plant in Garland and a retail store in Rockwall, Texas.

“GWS has a proven history of reliably serving our customers,” said Andrew Simons, owner and president. “As part of Praxair, we will continue to provide quality service, but with added supply reliability and other benefits that Praxair brings to our customers and employees.”

Reasons for the acquisition

“The acquisition of these first-class distributors enables Praxair to further strengthen its presence in these important areas,” said Praxair Distribution, Inc. President Scott Kaltrider. “We are pleased to welcome the dedicated employees of these two distributors to Praxair and look forward to serving our new customers.”

(Source: Praxair, Inc.)

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