Praxair-Linde merger: Changing of the guard ahead, in more ways than one


With the imminent completion of Praxair and Linde’s mega-merger of equals, a raft of change is expected to unfold both within the newly combined entity, Linde plc, and in the global industrial gases business itself.

The deal creates comfortably the biggest industrial gas player in the world, while also shifting the landscape of the North American market in the process.

After taking into account the required divestitures, gasworld estimates that Linde plc will command a share of just under 28% of the market; this will give the company five percentage points more than fellow Tier One player, Air Liquide which had previously been the leader in the region following its 2015/16 acquisition of Airgas.

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