Air Liquide divested its Industrial Merchant business in UAE & Bahrain

Air Liquide announces the sale of its Industrial Merchant business in the United Arab Emirates and Bahrain to Air Products Group. This transaction includes Air Liquide Emirates for Industrial Gases LLC (ALEMIR) and Air Liquide’s share in Middle East Carbon Dioxide W.L.L (MECD).

This divestment is immaterial with regards to the overall portfolio of Air Liquide in the Africa Middle East and India region. It is part of the Group’s strategy to regularly review its asset portfolio and focus on selected fast developing areas and activities. As a consequence of this divestiture, the 97 employees are now integrated within the Air Products organization.

Air Liquide is well-positioned to further grow its already strong presence in the Gulf Cooperation Council (GCC) region in Large Industries and Healthcare businesses and pursue the many opportunities emerging with clean Hydrogen and Energy Transition.