Danbury’s Praxair to Europe in Mega Merger.
There goes Praxair. The Danbury gas giant is about to merge with fellow giant Linde, of Munich and will lose its corporate identity and Connecticut headquarters. Handelsblatt has the story. New headquarters, according to the story, is likely to be in London, the Netherlands or Ireland.
You may recall much hip-hooraying on the eve of the 2014 gubernatorial election when Governor Dannel P. Malloy and Danbury’s Mark Boughton met to tell the world of Praxair’s big plans for Connecticut. No one mentioned a flight to Europe.
The Handelsblatt story will give Malloy and Boughton a chance to explain how their individual economic plans for Connecticut cope with blows like this one.