Euro Commission says yes to Linde buy

News Story
- 8 Jun 2006 ( #263 ) - WIESBADEN, Germany
1 min read
Linde AG's acquisition of the BOC Group plc has met the European Commission's approval.

The commission requires Linde to divest its UK gas business, contacts with Linde's ethylene oxide customers in the UK and Ireland, and BOC's gas activities in Poland. The divestitures have an annual sales volume of about EUR160 million (USD205 million).

Linde has to commit to transfer certain contracts with helium suppliers and to sever, to some extent, joint ventures between BOC and Air Liquide in the Asia-Pacific region.

Linde president Wolfgang Reitzle said Linde would comply promptly with the commission's requirements. The merger with BOC is expected to be finalised in the third quarter of 2006.

No comment has been issued on the sale of Linde's materials handling segment (Forkliftaction.com News #259).
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Mobicon Systems
Tel: +61 0) 7 3448 0010 or 1300 66 1976 (within Australia)
www.mobiconsystems.com

Whether you have low or high volumes of container movements, we have a container handling solution that will suit your business. With high quality, superior design, and a range of safety features, our light-weight straddle carriers are used across a variety of industries including logistics and transport, glass, steel, food, customs and border protection, and import and export.

Mobicon Systems
Tel: +61 0) 7 3448 0010 or 1300 66 1976 (within Australia)
www.mobiconsystems.com

PREMIUM business

Tailift Material Handling Taiwan Co.,Ltd.
Focused simply for the new era.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

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