Praxair-Linde: Reaction to merger talks


At the start of December Praxair announced that it had moved to revive merger talks with Linde which broke down in September over a lack of ‘mutual understanding’.

On the 7th of December, when Linde had already affirmed that talks were to resume, CEO Dr. Büchele resigned his mandate with immediate effect. The Executive Supervisory Board moved swiftly to appoint Prof. Dr. Aldo Belloni to succeed him as CEO.

Belloni has 34 years of experience at The Linde Group, 14 of which were spent on the Linde Executive Board, and Chairman Professor Dr. Wolfgang Reitzle was confident that the returning CEO’s experience and expertise would help to shape the next chapter of the company’s history.

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