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Deal announced Dec 2016 · Germany/USA Verified

Linde and Praxair agree merger to create $30bn industrial gas / refrigerant leader

Industrial gas and refrigerant suppliers Linde and Praxair announced they have agreed to merge to create a roughly $30bn business under the Linde brand, after earlier talks broke down over governance. The combined company will be governed by a single board with equal representation and a new EEA-based holding company.

“GERMANY/USA: Industrial gas companies Linde and Praxair have announced that they have agreed to merge to create a $30bn business.”

Entities

Linde · Acquirer Praxair · Target
Refrigeration

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