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Linde finally bags BOC for £8.2bn

GERMAN industrial group Linde has finally been successful with an £8.2bn bid for UK gas firm BOC. This latest offer follows last month's £7.6bn bid which was rejected by BOC.
The acquisition will make Linde the world's largest industrial gas supplier, with combined gas and engineering sales of £8.2bn. BOC generated sales of £4.6bn and underlying profits of £564.2m last year. BOC currently claims 13% of the global gases market against Linde's 9%.

BOC employs more than 30,000 people and boasts two million customers in 50 different countries. It began life in 1886 as Brin's Oxygen Company.
Linde, once a big name in the fridge industry, sold its original Refrigeration Division to Carrier in 2004 in a £220m deal.
The offer is subject to confirmation by European and US competition authorities but expects the acquisition to be completed in the third quarter of this year.

The IOR Annual Conference – a conference on-demand

Delegates to the IOR Annual Conference taking place from 21 to 22 April will get the chance to access the event live and all sessions and recordings for up six months afterwards providing fantastic value and allowing anyone registering for the event ...

  01-Apr-2021

Clivet Club opens to merchants and Wwholesalers

Clivet Group UK has extended its Clivet Club loyalty programme to include merchants and wholesalers, offering 1% cashback on all Clivet product sales, thought to be a first-of-its-kind incentive in the HVAC sector....

  16-Oct-2025

Has your Chiller been checked for Refrigerant Leaks?

Has your Chiller been checked for Refrigerant Leaks?
  07-Aug-2025
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