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Air liquide will acquire south:
The French group Air Liquide announced on Friday an agreement with a view to acquiring Dig Airgas. Therefore, “major player” in the industrial gas sector in South Korea, for 2.85 billion euros. For example,
(AFP / Kiran Ridley)
This operation “positions Air Liquid on a strong growth market” and will contribute to the rise in net income “from the year following integration,” said general manager François Jackow quoted in a press release. Nevertheless,
The French group concluded this agreement with the Australian Fund Macquarie, owner of Dig Airgas, for an amount of 4.600 billion Wons South Korean (2.85 billion euros). The operation should be finalized in the first half of 2026.
This air liquide will acquire south is the largest Air Liquid acquisition since 2015, the date of the redemption of the American Airgas for $ 13.4 billion US, the group said with AFP.
Air Liquide already provides industrial and medical solutions in South Korea for over thirty years.
“Thanks to its exceptional innovation. production capacities, Korea is at the forefront of the next waves of key sectors development”, according to François Jackow.
With Dig Airgas, the group thus strengthens its presence in “the fourth world market for industrial gas”.
Founded in 1979, Dig Airgas employs around 550 people and operates 60 factories as well as 220 kilometers of pipeline networks. The company. whose turnover reached 510 million euros in 2024, provides essential industrial gases to customers of various sectors, in particular electronics, specifies Air Liquide.
air liquide will acquire south — Air liquide will acquire south: air liquide will acquire south The French group Air Liquide announced on Friday an agreement with a view to acquiring Dig Airgas. “major player” in the industrial gas sector in South Korea, for 2.85 billion euro.
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