Air Liquide completes 75% share acquisition of LOGIKA – a regional industrial gas producer for bulk and packaged gases for industrial and medical markets.
The remaining 25% of Moscow-based LOGIKA will continue to be owned by Ruselectronics, a subsidiary of the State Corporation Rostechnologii.
Guy Salzgeber, Vice-President North and Central Europe and member of the Air Liquide Executive Committee, commented: “This partnership with a major industrial player will strengthen our position in Russia, especially in the Moscow area. It illustrates our strategy of focusing geographic expansion on key growth regions.”
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