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Business

Linde, Praxair merger talks back on again

by Marc S. Reisch
December 5, 2016 | APPEARED IN VOLUME 94, ISSUE 48

Industrial gases giants Praxair and Linde have confirmed that they are again in talks to combine the two firms. Discussions originally started in August, but ended two months ago. If the two were to unite, they would have combined annual sales of close to $28 billion and a global market share of about 40%. The combination would dwarf their next largest competitor, Air Liquide, which recently completed the purchase of Airgas and has sales exceeding $20 billion.

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