Linde has confirmed that a consortium comprising of the Messer Group and CVC Capital Partners Fund VII have entered into an agreement to purchase the majority of Linde’s gases business in North America and certain business activities in South America.
The business to be sold generated annual sales of approximately $1.7bn (€1.4bn) and an EBITDA of just over $360m (€305m) in 2017.
These include substantially all of Linde’s US bulk business, and its business in Brazil, Canada and Colombia.
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