The Linde Group sells Pharmaceutical Systems business of BOC Edwards to Italian company IMA
With approximately 340 employees, the business unit is active in packaging and processing equipment for the pharmaceutical industry and generated sales of approx. EUR 46 million and EBITDA of approx. EUR 2.5 million in the fiscal year ended September 2007. IMA's main activity is the production of pharmaceutical and food packaging machines. The company is listed on the Italian stock exchange.
Following the acquisition of The BOC Group plc and the decision to concentrate on the gases and engineering business, Linde concluded the sale of BOC Edwards' component business (vacuum pumps and semiconductor components) in May 2007. Linde will continue to develop the bulk and specialty gases businesses of BOC Edwards.
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