Praxair to sell European assets to Taiyo Nippon Sanso

Industrial gas company Praxair Inc., Danbury, Conn., in accordance with its proposed business combination with Linde AG, has signed an agreement to sell most of its businesses in Europe to industrial gas supplier Taiyo Nippon Sanso Corp.

The assets to be sold include Praxair’s industrial gases businesses in Belgium, Denmark, France, Germany, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, and the U.K. and include about 2,500 employees.