Danbury, CT — Praxair Distribution, Inc. acquired the assets of Weldco Inc., located in Cincinnati, OH. Weldco has 23 employees and sales of $8 million. John Panikar, president of Praxair Distribution, Inc., says the acquisition of Weldco complements several other recent acquisitions made in the first half of 2011 and those expected to be completed by year-end. “Praxair will continue to take a proactive, targeted approach to acquire high-quality independent distributors aligned with Praxair’s business strategy,” Panikar says.
