Germany: Mega Merger in the Industrial Gases Sector? Linde and Praxair Confirm Merger Talks

Editor: Alexander Stark

Linde confirmed that it is in preliminary talks about a potential merger with Praxair. These discussions are ongoing and have not resulted in any concrete results or agreements yet.

Related Companies

Linde and Praxair have confirmed merger talks.
Linde and Praxair have confirmed merger talks.
(Source: The Linde Group)

Munich/Germany — The company continued by stating that it was currently not foreseeable whether there will be any kind of transaction. Should these talks be successfully continued, Linde would inform the capital market and the public in accordance with statutory requirements. Praxair also confirmed that it is currently in preliminary discussions with Linde regarding a potential merger. Praxair did not intend to comment further at this time.

In the 2015 financial year, The Linde Group generated revenue of € 17.944 billion, making it one of the leading gases and engineering companies in the world, with approximately 65,000 employees working in more than 100 countries worldwide.

Subscribe to the newsletter now

Don't Miss out on Our Best Content

By clicking on „Subscribe to Newsletter“ I agree to the processing and use of my data according to the consent form (please expand for details) and accept the Terms of Use. For more information, please see our Privacy Policy.

Unfold for details of your consent