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air-liquide-acquires-75-shares-in-moscow-stronghold-logika
air-liquide-acquires-75-shares-in-moscow-stronghold-logika

Air Liquide acquires 75% shares in Moscow stronghold, LOGIKA

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Air Liquide completes 75% share acquisition of LOGIKA – a regional industrial gas producer for bulk and packaged gases for industrial and medical markets.

The remaining 25% of Moscow-based LOGIKA will continue to be owned by Ruselectronics, a subsidiary of the State Corporation Rostechnologii.

Guy Salzgeber, Vice-President North and Central Europe and member of the Air Liquide Executive Committee, commented: “This partnership with a major industrial player will strengthen our position in Russia, especially in the Moscow area. It illustrates our strategy of focusing geographic expansion on key growth regions.”

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