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.