Air Liquide buys Lurgi from GEA Group for €550m

Gibson, Jane; Davis, Nigel
April 2007
ICIS Chemical Business;4/23/2007, Vol. 2 Issue 63, p4
Trade Publication
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.


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