From version < 10.1 >
edited by Md. Touhidul Islam
on 2023/01/31 09:20
To version < 11.1
edited by Md. Touhidul Islam
on 2023/01/31 09:20
<
Change comment: Added tag [USA]

Summary

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1 -US:LIN
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102 102  
103 103  = History of Linde Plc =
104 104  
105 -Linde has a long-standing history of about 140 years. The company started in 1879 when Carl Linde found the Geselleschaft für Linde's Eismaschinen in Wiesbaden, Germany together with five partners. Linde had a mechanical refrigeration system which would have clear big benefits for beer brewing industry. In 1907, Carl Linde himself travels to the United States to establish Linde Air Products as a subsidiary in the US. The venture became a successful one. Due to the first world war, Linde loses the US subsidiary due to expropriation. Linde Air Products in the USA becomes a part of the newly formed Union Carbide Corporation in 1917. Linde division from the Union Carbide is spun off in 1992 to form Praxair and the newly formed company goes public. Praxair makes a couple of major acquisitions in the subsequent years. The company acquires Liquid Carbonic, which facilitates the company to enter Carbon Dioxide market and to give it a full product line of gases. The acquisition also extended Praxair's presence in South America, Poland, and Thailand. The right that was lost in 1917 to use the name Linde, the company regains it in 1999 in the United States. Story of the subsequent years of the company is a story of a series of acquisition. In 2000, Linde acquires the Swedish gases company AGA and therefore expands the business footprint in Northern Europe and South and Middle America. In 2004, Praxair acquires Air Liquide's Germany business expanding its business in the refining, chemical and steel industries along the pipeline systems, and smaller customers in bulk, medical, specialty and packaged gases. In 2006, Linde Group is formed after Linde AG acquires BOC. In the same year, the company sells Material Handling business that becomes and part of KION and still uses Linde as a brand name. Linde acquires in 2012 Lincare, a business with Linde roots in the United States. In 2013, Praxair acquires NuCO2, a leading provider of beverage carbonation solutions in the United States giving the company opportunity to continue growing the business in the US enhancing distribution efficiency, and extending NuCO2's offerings to customers in other regions of the world. In 2016, Praxair acquires Yara International ASA's (Yara) European CO,,2,, business expanding the company's presence in resilient end-markets such as food and beverage. In 2018, Praxair and Linde are merged to form Linde Plc. In 2018, the company has relocated to Ireland with its headquarters in the UK.
105 +Linde has a long-standing history of about 140 years. The company started in 1879 when Carl Linde found the Geselleschaft für Linde's Eismaschinen in Wiesbaden, Germany together with five partners. Linde had a mechanical refrigeration system which would have clear big benefits for beer brewing industry. In 1907, Carl Linde himself travels to the United States to establish Linde Air Products as a subsidiary in the US. The venture became a successful one. Due to the first world war, Linde loses the US subsidiary due to expropriation. Linde Air Products in the USA becomes a part of the newly formed Union Carbide Corporation in 1917. Linde division from the Union Carbide is spun off in 1992 to form Praxair and the newly formed company goes public. Praxair makes a couple of major acquisitions in the subsequent years. The company acquires Liquid Carbonic, which facilitates the company to enter Carbon Dioxide market and to give it a full product line of gases. The acquisition also extended Praxair's presence in South America, Poland, and Thailand.
106 106  
107 +(% style="text-align:center" %)
108 +[[image:history of linde.jpeg||alt="Historical image of Linde"]]
109 +
110 +The right that was lost in 1917 to use the name Linde, the company regains it in 1999 in the United States. Story of the subsequent years of the company is a story of a series of acquisition. In 2000, Linde acquires the Swedish gases company AGA and therefore expands the business footprint in Northern Europe and South and Middle America. In 2004, Praxair acquires Air Liquide's Germany business expanding its business in the refining, chemical and steel industries along the pipeline systems, and smaller customers in bulk, medical, specialty and packaged gases. In 2006, Linde Group is formed after Linde AG acquires BOC. In the same year, the company sells Material Handling business that becomes and part of KION and still uses Linde as a brand name. Linde acquires in 2012 Lincare, a business with Linde roots in the United States. In 2013, Praxair acquires NuCO2, a leading provider of beverage carbonation solutions in the United States giving the company opportunity to continue growing the business in the US enhancing distribution efficiency, and extending NuCO2's offerings to customers in other regions of the world. In 2016, Praxair acquires Yara International ASA's (Yara) European CO,,2,, business expanding the company's presence in resilient end-markets such as food and beverage. In 2018, Praxair and Linde are merged to form Linde Plc. In 2018, the company has relocated to Ireland with its headquarters in the UK.
111 +
107 107  = Recent Development =
108 108  
109 109  * Linde Plc, through its subsidiary Linde Gas & Equipment Inc., which has been holding a minority interest in nexAir, has acquired nexAir LLC by purchasing the remaining interest.{{footnote}}https://www.chemengonline.com/linde-acquires-u-s-based-gas-distributor-nexair/?printmode=1{{/footnote}}
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113 113  )))
114 114  * Linde Plc's Board of Directors has elected Hugh Grant as a new director, effective from January 23, 2023.
115 115  
116 -
117 117  {{putFootnotes/}}
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