nexAir
Founded Year
1940Stage
Acquired | AcquiredAbout nexAir
nexAir is a distributor of atmospheric gases and welding supplies. It sells, packages, and distributes atmospheric gases, including medical, specialty, and industrial gases. nexAir also supplies products, including welding equipment, welding supplies, safety supplies, and dry ice. The company was founded in 1940 and is based in Memphis, Tennessee. In January 2023, nexAir was acquired by Linde Gas & Equipment. The terms of the transaction were not disclosed.
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Latest nexAir News
Jan 6, 2023
Linde (NYSE: LIN ) agreed to acquire the remaining interests in nexAir, one of the largest U.S. independent packaged gas distributors with ~$400M in sales during 2022; no financial details were disclosed. Linde's ( LIN ) gas and equipment subsidiary purchased the remaining 77.2% after holding a minority stake in nexAir since 2012. The company said the acquisition complements its existing packaged gas business and expands its footprint in the southeastern U.S. Linde's ( LIN ) plans to delist from Frankfurt's stock exchange are a positive, Mare Evidence Lab writes in an analysis posted on Seeking Alpha . Recommended For You
nexAir Frequently Asked Questions (FAQ)
When was nexAir founded?
nexAir was founded in 1940.
Where is nexAir's headquarters?
nexAir's headquarters is located at 1385 Corporate Ave, Memphis.
What is nexAir's latest funding round?
nexAir's latest funding round is Acquired.
Who are the investors of nexAir?
Investors of nexAir include Linde Gas & Equipment.
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