M&A´s huge deals: Linde AG and Praxair: $80 Billion
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Linde AG and Praxair: $80 Billion
Date Announced: December 20, 2016
Date Completed October 31, 2018
Deal Type: Merger
Industry: Industrial Gases
Strategic Rationale:
The merger of Linde AG and Praxair was aimed at creating a leading global industrial gases company with enhanced geographic and product diversity. The deal allowed both companies to leverage their technologies and broaden their market reach.
The combination created synergies by integrating operations, enhancing efficiency, and expanding capabilities in production and distribution.
Financial Details:
The merger was structured as an all-stock transaction with an approximate value of $80 billion.
Impact:
The new Linde plc became the world's largest supplier of industrial gases, with a diversified portfolio serving healthcare, electronics, and energy markets. The deal provided substantial cost synergies and strengthened the competitive positioning of the combined company in a market with high barriers to entry.
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