Linde nurtures new culture, but holds true to its heritage

Davis, Nigel; Gibson, Jane
March 2007
ICIS Chemical Business;3/19/2007, Vol. 2 Issue 58, p17
Trade Publication
The article reports on the challenges facing Linde Gas Inc. following its acquisition by BOC Gases. Linde needs to establish a new corporate culture according to chief executive officer Wolfgang Reitzle. The company also needs to meet its target growth for 2007. Following the merger, Linde plans to sell BOC Edwards vacuum technology and other units that are not related to gas business.


Related Articles

  • Linde Gas: the indisputable leader in industrial gas and engineering.  // Caribbean Business;12/6/2007, Vol. 35 Issue 48, pS5 

    The article discusses the business growth of Linde Gas LLC in the Caribbean. According to the article, Linde's merger with BOC Gases places the former as the global leader in the gas industry as well as benefits customers in the entire Caribbean region. It further reveals that the company has...

  • Linde denies BOC merger...and starts €50m saving drive. Robinson, Simon // European Chemical News;3/28/2005, Vol. 82 Issue 2140, p6 

    Reports on comments from Linde chairman Wolfgang Reitzle on the stock market speculations regarding their merger with BOC. Factors that hinder the potential merger between the two companies; Details of a growth and performance cost-saving scheme launched by the company for its gas business in...

  • BOC steps on the gas. Sell, Christopher // Engineer (00137758);5/22/2006, Vol. 293 Issue 7700, p20 

    The article reports on the financial performance of BOC Gases company, the global gas giant dealer in Great Britain, before Linde Gas Inc., a German rival, will take over the company. The interim profits of BOC Gases went up by eight percent as a result of good performances across its major...

  • Air Products to Acquire Polish Industrial Gas Assets from Linde. Westervelt, Robert // Chemical Week;1/17/2007, Vol. 169 Issue 2, p12 

    The article reports on a definitive agreement reached by Air Products with Linde to acquire BOC's former industrial gases business in Poland. The acquired business had sales of approximately €126 million and Ebitda of approximately €38 million for the 12-month period ended September...

  • Linde must realize growth potential. Davis, Nigel // ICIS Chemical Business Americas;9/11/2006, Vol. 270 Issue 9, p20 

    The article discusses the reorganization of Linde following its acquisition of BOC. An assessment by industrial gases consultant, John Raquet of Spiritus Consulting, of the growth potential of Linde is considered. A forecast by Spiritus Consulting on the growth of gas companies is highlighted....

  • Germans adopt UK gas firm's IT model. Clark, Lindsay // Computer Weekly;2/20/2007, p1 

    The article informs that Germany-based Linde Gas LLC has adopted the globally managed Information Technology (IT) model pioneered at Great Britain-based BOC Gases. The German industrial conglomerate, which took over BOC in September 2006 in a deal will abandon its regional IT structure in favour...

  • Linde Carves Out Merchant Gases Assets to be Sold. Westervelt, Robert // Chemical Week;10/4/2006, Vol. 168 Issue 33, p11 

    The article reports on the sale of the Bulk Business Group of Linde Gas Inc. Linde has been required to sell some of its air separation units to gain the U.S. Federal Trade Commission's approval for the acquisition of BOC Gases. Bulk Business Group is the fifth-largest producer of merchant...

  • Linde Raises Bid to Clinch BOC. Young, Ian // Chemical Week;3/15/2006, Vol. 168 Issue 9, p8 

    The article reports that Linde raises its bid to chemical company BOC in March 2006. Linde and BOC say they have reached an agreement under which Linde will acquire BOC for £16 per share. It follows an earlier unsolicited approach by Linde for BOC, valuing BOC at £ 7.6 billion, which BOC...

  • BOC and Linde join forces. Robinson, Simon // ICIS Chemical Business;3/13/2006, Vol. 1 Issue 10, p4 

    This article reports on an agreement between industrial gases producers BOC and Linde that will create the leading player in the global market, alongside Air Liquide of France, as of March 2006. Formally, Linde is acquiring BOC, but privately the groups see the deal as a merger of equals. To...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics