Article: United States: Praxair Surface Technologies Inc completes purchase of Sermatech International Holdings Corp.

Byline: kusumv03

Industrial gases company Praxair Surface Technologies Inc declared on Wednesday that the company has closed the acquisition of Sermatech International Holdings Corp from New York-based private equity firm Arsenal Capital Partners. The financial terms of the agreement were not disclosed by the companies.

Sermatech is a global supplier of protective coatings and advanced processes used on industrial and aviation gas turbines. The company serves the aerospace, defence, power ...

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