SIAD has confirmed further to the merger between Praxair and Linde, the thirty-year joint venture between SIAD and Praxair has come to end.
The news had been expected following Praxair’s announcement on 20th August about its divestments in Europe.
Through its holding company Flow Fin, SIAD has bought back Praxair Italy’s shares in SIAD and in turn sold its shares in Rivoira to Praxair Italy. As a result of the transaction, SIAD will take control of the Medigas Group and IGAT and will exit from the Chemgas.
... to continue reading you must be subscribed
