The Linde Group acquires Turkish industrial gases company BOS
Wiesbaden/Munich, 5 April 2007 - The technology group The Linde Group
has acquired the Turkey based industrial gases company Birlesic
Oksijen Sanayi A.S. (BOS), a subsidiary of the Koc group, at an
enterprise value of approximately 92 million euro.
BOS operates with industrial and specialty gases. In fiscal year 2006
BOS generated sales of approximately 30 million euro and employs a
staff of around 180.
Following the acquisition of Karbogaz A.S. in July 2006, the takeover
of BOS is the second major transaction in Turkey by Linde.
"With this acquisition we complement our product range in the
important strategic market Turkey and at the same time strengthen our
position for supplying the neighbouring markets of the Middle East",
said Dr Aldo Belloni, member of the Executive Board of Linde AG.
The closing of the transaction is subject to regulatory approval and
customary conditions.
The Linde Group is a world leading industrial gases and engineering
company with more than 51,000 employees working in around 70
countries worldwide. Following the acquisition of The BOC Group, the
company has gases and engineering sales of approximately 12 billion
euro. The strategy of The Linde Group is geared towards
earnings-based growth and focuses on the expansion of its
international business with forward-looking products and services.
For more information, please see The Linde Group online at
http://www.linde.com
For further information:
Press
Uwe Wolfinger
Telephone: +49.89.35757-1320
Investor Relations
Thomas Eisenlohr
Telephone: +49.89.35757-1330
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Linde AG
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