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Messer completes acquisition of joint venture Messer Industries

기사승인 2024.01.20  

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Messer recently announce that it has completed the acquisition of the joint venture Messer Industries, following receipt of various regulatory approvals. With sole ownership of Messer Industries, Messer can now grow as one globally positioned gases group.

The acquisition of Messer Industries marks the end of the successful collaboration between Messer and CVC Capital Partners on the previous joint venture, which comprised Messer's companies in North and South America as well as Western Europe. Under Messer's industrial leadership, the turnover of Messer Industries rose steadily to reach 2.59 billion euros in the 2022 financial year.

In addition GIC, a global institutional investor, will now become a long-term minority shareholder in Messer. GIC has a track record of partnering with family businesses around the world and supports Messer's strategy for sustainable, profitable growth.

 

양철승 기자 young@igasnet.com

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