08-Sep-2006 - Linde AG, Linde Gases Division

"Linde" and "The BOC Group" become "The Linde Group"

Linde AG announced its plans for the future, following the merger of Linde AG and The BOC Group plc. The new company will trade under the name "The Linde Group". A new brand has been designed based on the long tradition and corporate heritage of both companies, but which also represents the newly international character of the company. The name change applies to the group only. On the operating level, the Linde and BOC brands will remain unchanged.

"The Linde Group" will have its head office in Munich which is also the location of the Executive Board. Some supporting functions will be located in Surrey, England, close to the current head office of the BOC Group.

According to the company, the merger of Linde and BOC into "The Linde Group" creates a world-leading industrial gases and engineering company with an annual pro forma turnover of approximately 12.7 billion euro, operating profit (EBIT) of 1.6 billion euro and approximately 53,000 employees worldwide.

"This is an historic day for Linde and BOC", said Professor Dr Wolfgang Reitzle, President and Chief Executive Officer of Linde AG. "Both companies have a proud history streching back 100 years, and our paths have crossed many times before. Today we are finally coming together to form a world market leader, a true global player. We will approach the upcoming integration process in partnership with BOC, in order to create all the conditions necessary to extract the maximum potential from what is a perfect combination of companies."

Following the successful acquisition of the BOC Group, Linde intends to review strategic options for the divestment of the equipment businesses of the subsidiary BOC Edwards. It will retain the bulk and electronic gases elements of BOC Edwards and integrate them into The Linde Group organisation. The total revenues of the equipment businesses were approximately 800 million euro for the financial year ending September 2005.

In parallel with the merger with BOC, Linde AG has made the Material Handling business segment legally independent, by grouping the three brands Linde, STILL and OM in a new holding company - "KION Group".

Facts, background information, dossiers
  • KiON
More about Linde
More about BOC Group
  • News

    BOC Pakistan announces Rs. 2 billion (EUR 17 million) investment

    The Board of Directors of BOC Pakistan Limited, a member of The Linde Group, on 11 March 2010 approved an investment of more than Rs. 2 billion (EUR 17 million) for the installation of a new state-of-the-art air separation plant and related supply chain equipment in Lahore. The approval als ... more

    Air Products to Acquire Polish Industrial Gas Business from Linde

    Air Products announced it has reached definitive agreement with The Linde Group to acquire the industrial gas business of BOC Gazy Sp z o.o. for 370 million euros ($481 million). The transaction is subject to regulatory approval and customary closing conditions. For regulatory purposes, BOC ... more

    BOC shareholders approve Linde takeover bid

    Shareholders of The BOC Group plc, based in Windlesham, UK, voted at shareholders' meetings held in London to approve and give effect to the court scheme implementing the recommended cash offer for BOC by Linde AG, Wiesbaden. If the next stages of the UK court process proceed as expected, L ... more

More about BOC Edwards
  • News

    BOC to build only carbon dioxide plant in U.S. Northeast

    BOC is expanding its carbon dioxide (CO2) capacity with a new plant in Volney, New York. The plant will be the first CO2 plant built in the Northeast in nearly two decades and will be the only CO2 plant in the region. BOC will build the 600 ton a day plant at the Permolex International/NEB ... more

  • Companies

    BOC Edwards

    Edwards is synonymous with vacuum innovation. For nearly 100 years, we have delivered the highest quality vacuum pump and exhaust management system solutions. We support a broad spectrum of applications – from laboratory to the most demanding semiconductor and industrial processes. Our expe ... more