On the Record · Linde
Linde acquisitions, on the record
The businesses Linde bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Yara International ASA's (Yara) European carbon dioxide businessWord for word“On September 15, 2015, Praxair announced that it has signed an agreement to acquire Yara International ASA's (Yara) European carbon dioxide business.” 10-K for 2015 | agreed acquisition | — | — |
sale of fixed assets under construction to a customer in the North America energy marketWord for word“Divestitures and asset sales in 2015 totaled $320 million , which was primarily comprised of $235 million from the sale of fixed assets under construction to a customer in the North America energy market during the second quarter, and $65 million from the sale of a packaged gas business to an existing equity investment in the fourth quarter.” 10-K for 2015 | divestiture | during the second quarter | $235 million |
a packaged gas business sold to an existing equity investmentWord for word“Divestitures and asset sales in 2015 totaled $320 million , which was primarily comprised of $235 million from the sale of fixed assets under construction to a customer in the North America energy market during the second quarter, and $65 million from the sale of a packaged gas business to an existing equity investment in the fourth quarter.” 10-K for 2015 | divestiture | in the fourth quarter | $65 million |
packaged gases businesses in North and South America and an acquisition of a controlling interest of an equity investment in AsiaWord for word“During the year-ended December 31, 2015 Praxair had acquisitions totaling $82 million , primarily acquisitions of packaged gases businesses in North and South America and an acquisition of a controlling interest of an equity investment in Asia.” 10-K for 2015 | acquisition | During the year-ended December 31, 2015 | $82 million |
Praxair's industrial gas business in FranceWord for word“Divestitures and asset sales in 2014 totaled $92 million, which included the sale of Praxair's industrial gas business in France during the first quarter.” 10-K for 2015 | divestiture | — | — |
an industrial gases business in Italy, packaged gases businesses in North and South America and the controlling interest of an equity investment in ChinaWord for word“Acquisitions in 2014 consisted primarily of an industrial gases business in Italy, packaged gases businesses in North and South America and the controlling interest of an equity investment in China (see Note 3 to the consolidated financial statements).” 10-K for 2015 | acquisition | 2014 | — |
NuCO2Word for word“Acquisitions, including NuCO2, several packaged gas distributors in the U.S. and the acquisition of Dominion Technology Gases Investment Limited in 2013, contributed 1% to overall sales growth.” 10-K for 2015 | acquisition | 2013 | — |
Yara International ASA's European carbon dioxide businessWord for word“Praxair's evaluation of internal control over financial reporting as of December 31, 2016 did not include the internal control over financial reporting related to Yara International ASA's European carbon dioxide business because they were acquired by Praxair in a purchase business combination consummated during 2016.” 10-K for 2016 | acquisition | — | — |
remaining 34% of a Scandinavian joint ventureWord for word“The noncontrolling interests and other payments was $55 million versus $41 million in 2015 and primarily included the acquisition of the remaining 34% of a Scandinavian joint venture, partially offset by the proceeds received from the formation of a consolidated joint venture in the United States and Singapore (see Note 14 to the consolidated financial statements).” 10-K for 2016 | acquisition | — | — |
packaged gas business sold to an existing equity investmentWord for word“Divestitures and asset sales in 2015 totaled $320 million, which was primarily comprised of $235 million from the sale of fixed assets under construction to a customer in the North America energy market during the second quarter, and $65 million from the sale of a packaged gas business to an existing equity investment in the fourth quarter.” 10-K for 2016 | divestiture | — | $65 million |
packaged gas joint venture in the United StatesWord for word“This decrease was due primarily to the acquisition of the remaining noncontrolling interests in a Scandinavian joint venture (See Note 14 to the consolidated financial statements) and the divestiture of a packaged gas joint venture in the United States in late 2015.” 10-K for 2016 | divestiture | late 2015 | — |
European CO2 businessWord for word“The purchase price for the acquisition was approximately $230 million ( €206 million ) and resulted in $121 million of intangible assets.” 10-K for 2017 | acquisition | — | approximately $230 million |
| Fiscal year ended | Goodwill from acquisitions |
|---|---|
| 2016-12-31 | $141 million |
| 2017-12-31 | $24 million |
Deal filings since 2016
- 2018-10-31 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-07-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-08-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-07-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-06-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-02-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Linde’s annual reports (10-K for 2017, 10-K for 2016, 10-K for 2015) and the financial data it files with the SEC, as of 2018-02-28. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.