Linde Australia quashes rumours

News Story
- 13 Apr 2006 ( #255 ) - SYDNEY, Australia
1 min read
Carl Smith
Carl Smith
The managing director of Linde Australia says media reports on a possible sale of Linde Materials Handling are "speculation" (Forkliftaction.com News #246).

In a statement to Forkliftaction.com News, Carl Smith said he did not think Linde AG would dispose of its materials handling unit, based on information in the German group's press releases and his discussions with Linde AG chief executive officer Wolfgang Reitzle.

"There is no doubt our chairman, Professor Reitzle realises a major benefit and opportunity for Linde by expanding the gas division through acquisition (Forkliftaction.com News #254).

"It is also evident ... he and the Linde AG board recognise the tremendous contribution the materials handling business adds to Linde's overall business," Smith said.
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