Linde: acquires rest of nexAir
(CercleFinance.com) - Linde announced on Friday that it had bought out all of nexAir, a US distributor of packaged gases in which it has had a minority stake since 2012.
The industrial gas group said that its subsidiary Linde Gas & Equipment (LG&E) had acquired the 77.2% stake in nexAir that it did not already own.
The terms of the acquisition were not disclosed, with Linde saying only that nexAir had generated sales of around 400 million dollars in 2022.
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