Markets :: Industrial Gases
Messer Buys Austrian Gases Company
5:24 AM MDT | May 12, 2011 | Natasha Alperowicz
Messer Austria, a subsidiary of Messer (Bad Soden, Germany) has acquired the gases business of Sapio Gase GmbH (Baumgartenberg, Austria). Sapio Gase, formerly a subsidiary of the Italian group Sapio, has a strong presence in the industrial sector in upper Austria. "Through our takeover of Sapio Gase, we anticipate a strengthening of our market position in upper Austria, a region of considerable importance to the gas business in Austria generally," says Michael Beck, managing director of Messer Austria. Messer is the largest...
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