Linde completes Air Liquide onsite and bulk business takeover in South Korea


Linde Korea, a member of Tier One player The Linde Group, has finalised the takeover of Air Liquide Korea’s industrial merchant and electronics onsite and liquid bulk air gases business in South Korea.

After gasworld first broke news of the contract in October when both parties had engaged in ‘definitive agreement’ discussions, Linde Korea has now confirmed the completion of the deal, of which financial details were not divulged.

In the transaction, Linde Korea has procured 10 gas production plants including all related equipment and supply contracts. It includes the transfer of the related operating sites for the onsite plants as well as tanks and related equipment for liquid storage.

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