Linde Korea announced that it has completed the takeover of the industrial merchant and electronics on-site and liquid bulk air gases business of Air Liquide in South Korea. The ten sites under this agreement complement Linde’s existing presence and offerings in the country. In addition, the acquisition of the direct bulk business is a natural fit with Linde’s strategy of growing its local direct bulk supply network and customer base.
The agreement includes the transfer of the related operating sites for the on-site plants as well as tanks and related equipment for liquid storage. In addition, the associated customer contracts have been transferred to Linde Korea. Air Liquide Korea employees will continue to operate the plants and service customers.
Linde Korea first established its operations in Pohang in 1988. Over the past 30 years, the company has continuously expanded its product and services portfolio across South Korea.
- Linde Group, Munich, Germany
- Linde Korea, Seoul, South Korea (a member of The Linde Group)
- Air Liquide Korea, South Korea