Linde acquires US gas distributor

Linde has acquired its remaining interests in nexAir LLC, a packaged gas distributors in the United States.

Linde’s wholly owned subsidiary Linde Gas & Equipment (LG&E) has held a minority interest in nexAir since 2012 and has now purchased the remaining 77.2%.

nexAir had 2022 sales of around US$400 million, the company said.

“The acquisition complements Linde’s existing packaged gas business and expands its footprint in a core and fast-growing geography across the southeastern United States,” a press release said.