A new player has been created in Iran’s industrial gas industry, as The Linde Group and Delvar Afzar Industrial Gases have teamed up in a joint venture.
Praxair, Inc. and The Linde Group have announced agreement on a non-binding term sheet governing the essential terms of a merger of equals between the two companies.
There is an expression ‘what goes around, comes around’ and that is very true related to the breaking news of a potential merger between Praxair, Inc. and The Linde Group. Here, gasworld Business Intelligence explores the history and potential future between the Tier One players.
Chart Industries, Inc. has announced that its subsidiary, Chart Lifecycle, Inc. has acquired Hetsco, Inc., from Global Power Equipment Group, Inc. for approximately $22m.
Linde Gas North America LLC has strengthened its offerings to healthcare providers in the US after acquiring a market-leading provider of medical oxygen (O2) and respiratory equipment repair services.
Fuel cell specialist Ballard Power Systems has purchased all the shares and acquired 100% ownership of its European subsidiary, strengthening its brand awareness and presence in the continent.
Air Products has made a move to acquire all the outstanding shares of Yingde Gases Group Company Limited.
In this first installment of a two-part series, we describe some of the demographic trends we are observing that lead us to the conclusion that business owner demographics will drive consolidation over the next 12 to 18 months.
Air Liquide Japan could soon be investing in added research and development (R&D) opportunities as it has completed the acquisition of a parcel of land in Japan and set it aside for “future innovation development.”
Air Liquide has completed the sale of its aquatic equipment subsidiary Aqua Lung to European private equity firm Montagu Private Equity.
One year on after it acquired Taylor-Wharton’s CryoScience product line, Worthington Industries has announced that it is changing the brand name of its cold chain equipment range from ‘CryoScience by Taylor-Wharton’ to ‘Worthington Industries.’
With news of a potential merger between Praxair, Inc. and Linde AG dominating the headlines for the past several months, the deal looks like its back on the table after both Tier One players put out official statements today of their intention to combine.