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Air Liquide announces agreement to acquire Airgas
Event | Tuesday, November 17, 2015
Air Liquide has reached an agreement to acquire Airgas in a game-changing combination that strengthens Air Liquide’s global leadership position, offers new opportunities to Airgas’ customers and delivers significant value to shareholders.
- Combining Air Liquide and Airgas will bring together two highly complementary businesses to deliver greater value, service and innovation to customers in North America and around the world
- It builds on Air Liquide’s longstanding track record of successfully operating in the U.S. and will benefit from Airgas’ unmatched national presence and its more than 1 million customers in the U.S., as well as its leading customer-facing platform including e-commerce and telesales capabilities
- Acquisition will reinforce Air Liquide’s global leadership position:
- Growth: +30% on Gas & Services sales
- Geographically: #1 in North America, #1 in Europe, #1 in Africa/Middle East, #1 in Asia-Pacific
- By activity: #1 in Industrial Merchant, #1 in Large Industries, co-#1 in Electronics, worldwide
- Represents significant value for shareholders of both companies
