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Chemical Week Magazine :: Newsbriefs
Linde Buys in Algeria
2:24 PM MDT | July 31, 2007 | Chemical Week Editorial Staff
Linde says it has acquired a majority stake in Entreprise Nationale de Gaz Industriels (ENGI; Algiers) from the Algerian government for an undisclosed amount. ENGI is Algeria’s biggest industrial and medical gases firm with 10 production sites generating combined sales of about €32 million/year ($43 million). The Algerian gases market is worth €200 million/year and is growing at 15%/year, Linde...
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