TITLE

Air Liquide buys Lurgi from GEA Group for €550m

AUTHOR(S)
Gibson, Jane; Davis, Nigel
PUB. DATE
April 2007
SOURCE
ICIS Chemical Business;4/23/2007, Vol. 2 Issue 63, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article announces Air Liquide's plan to purchase the German engineering firm Lurgi from its parent company GEA Group in a bid to expand its technology base. The acquisition, which includes the Zimmer polyester engineering business, is projected to almost double the size of Air Liquide's engineering business globally, help strengthen its resources in hydrogen markets and give it access to the biofuels markets, as well as the coveted coal-to-liquid and coal-to-chemicals sectors.
ACCESSION #
24983077

 

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