Air Liquide completes Airgas acquisition


Air Liquide has just announced the expected completion of the acquisition of Airgas, Inc., a $13.4bn deal first revealed in November 2015 and recently the subject of all necessary closing conditions and approvals.

The deal creates comfortably the biggest industrial gas group in the world, while also establishing Air Liquide as the largest player in the North American market.

Globally, the combined businesses will generate annual sales of more than €20bn (over $22bn), employ approximately 68,000 people around the world, and serve well over three million customers and patients.

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