Air Liquide Expands Its Business in Turkey with an Acquisition
September 15 2015 - 11:45AM
Business Wire
Regulatory News:
Air Liquide (Paris:AI) 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.”
Air Liquide in Turkey
Air Liquide established its presence in Turkey in 2011 by
signing a long term agreement with petrochemicals giant Petkim,
related to the supply of oxygen, nitrogen and compressed air for
the Aliağa site in the Izmir region. The Group further expanded its
activities in Turkey by investing in an oxygen and liquid nitrogen
production unit and cylinder filling center located in Polatli in
the Ankara region.Among its industrial customers, Air Liquide
supplies the Middle East Technical University (METU) with special
and ultra pure gases related to the work of its photovoltaic
research laboratory (GÜNAM).Air Liquide offers innovative solutions
- industrial gases, equipment and services - in key industrial
regions to a wide variety of customers in the Industry and
Healthcare sectors.
The Industrial Merchant business line
of Air Liquide
The Industrial Merchant business line offers its customers –
from multinational corporations to independent craftsmen –
tailor-made solutions for their production process, from industrial
and specialty gases to application equipment and related services.
Depending on the quantity required, gases can be supplied to the
customer’s site in liquid form using dedicated cryogenic trailers,
by means of onsite equipment or in gaseous form in high pressure
cylinders.For 2014, the Industrial Merchant business line generated
revenue of € 5,083 million.
World leader in gases, technologies and services for Industry
and Health, Air Liquide is present in 80 countries with more than
50,000 employees and serves more than 2 million customers and
patients. Oxygen, nitrogen and hydrogen have been at the core of
the company’s activities since its creation in 1902. Air Liquide’s
ambition is to be the leader in its industry, delivering long-term
performance and acting responsibly.
Air Liquide ideas create value over the long term. At the core
of the company’s development are the commitment and constant
inventiveness of its people.
Air Liquide anticipates the challenges of its markets, invests
locally and globally, and delivers high-quality solutions to its
customers and patients, and the scientific community.
The company relies on competitiveness in its operations,
targeted investments in growing markets and innovation to deliver
profitable growth over the long-term.
Air Liquide’s revenues amounted to € 15.4 billion in 2014, and
its solutions that protect life and the environment represented
more than 40% of sales. Air Liquide is listed on the Paris Euronext
stock exchange (compartment A) and is a member of the CAC 40
and Dow Jones Euro Stoxx 50 indexes.
www.airliquide.com
Follow us on Twitter @AirLiquideGroup
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