Air Liquide Enters Exclusive Negotiations with Messer to Sell its Entities in Czech Republic and Slovakia

Source Company Press Release
Company L'Air Liquide S.A., Messer Group GmbH
Tags Country: Czech Republic, Slovakia, M&A: Asset Deal, Deals, Midstream: Pipeline, Segment: LNG
Date January 28, 2020

Air Liquide announced today it has entered into exclusive negotiations, with Messer, regarding the divestment of its entities in Czech Republic and Slovakia. 

Air Liquide started operating in Slovakia in 2000 and Czech Republic in 2001. Today, both locations total 53  employees, with office locations in Prague and Trnava.

This decision illustrates Air Liquide’s strategy to review regularly its asset portfolio and focus its geographic expansion on key regions in order to increase density and therefore enhance performance. 

This transaction is subject to the final and definitive agreement between the parties, and will be carried out in the framework of the relevant social processes and ongoing dialogue with the employee representatives’ bodies.

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