Praxair Distribution has acquired Texas-based Welders Industrial Supply (WIS), an independent distributor of industrial and speciality gases, welding equipment, supplies and related services.
Inter Pipeline Fund, owner of Simon Storage, has closed the acquisition of the four Danish petroleum storage terminals from Dong Energy A/S at a price of some $459m.
Rubis has acquired a 50 per cent shareholding in Delta Petrol Oil Terminal, which will now be renamed Delta Rubis. The company owns a 650,000 m³ crude oil and bunkering terminal in Ceyhan, Turkey.
ACQUISITIONS The past few weeks have seen Dutch chemical distributor IMCD splashing the cash, acquiring three different firms in Australia, India and Italy while also signing a new European distribution deal
MARKETS Germany’s Brenntag has kicked off the New Year in positive form, bolstering its product portfolio and market penetration via a number of new acquisitions and distribution deals
UK-based Wincanton has completed the sale of its French and German operations to Rhenus following the granting of regulatory approval from the European Commission’s Directorate-General for Competition.
US-based Bemis has acquired the common stock of Shield Pack, a Louisiana manufacturer of high barrier liners for bulk container packagings. Shield Pack commands annual net sales of approximately $25m.
Barentz Europe has acquired UK-based Forum Products, enabling it to expand its presence on the local pharmaceutical, food and animal nutrition markets while further developing its life science capabilities.
