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Air Liquide expands its business in Turkey with an acquisition

September 15, 2015
Chemical Value Chain

(BUSINESS WIRE) – Air Liquide is accelerating its growth in the Turkish market with the acquisition of Messer Aligaz Sanayi Gazlari, a subsidiary of industrial gas company Messer Group GmbH.

Messer Aligaz provides industrial, medical and specialty gases to a range of industries in Turkey. The company, which has close to 70 employees, generated a revenue of around 9 million euros in 2014.

The activities of Messer Aligaz, mainly focused on the Industrial Merchant segment, are located in the highly industrialized regions of the Marmara and the Aegean. The company owns and operates an air separation unit (ASU) for the production of liquid oxygen, nitrogen and argon, and 3 cylinder filling centers.

With this acquisition, Air Liquide enters the Marmara region and will now be present in the three main industrial areas of the country: Ankara, Istanbul and Izmir. The combination of the two companies will further increase Air Liquide’s capacity to create value for its customers.

This acquisition is part of continued investments by Air Liquide in Turkey. Since 2011, the Group has already invested in two production sites in Ankara and Izmir.

Christophe Chalier, Vice President, Eastern Europe of Air Liquide, commented: “Turkey is a growing economy, which has significantly invested in many industrial fields. This acquisition will further strengthen our overall presence in this country, allowing Air Liquide to better serve its customers. It also illustrates our commitment to Turkey. We are pleased to welcome the employees of Messer Aligaz.”

Source: Air Liquide

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