Praxair (PX) Unit Acquires American Gas Group

Praxair Distribution Inc., a subsidiary of Praxair, Inc. (NYSE: PX), has acquired American Gas Group (AGG), a leading supplier of specialty gases worldwide. AGG is comprised of Specialty Gases of America, Inc., American Specialty Gases Inc., Semiconductor Resources, Inc. and Specialty Gases of America, LLC. The business includes facilities in Toledo, Ohio and Wheeling, Illinois, with 56 employees and annual sales of $28 million. Financial terms of the transaction were not disclosed.

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