EQS-News: Linde plc
/ Key word(s): Disposal
Linde Completes Sale of Gist, a Non-Core Business
30.09.2022 / 13:53 CET/CEST
The issuer is solely responsible for the content of this announcement.
Linde Completes Sale of Gist, a Non-Core Business
Woking, UK, September 30, 2022 – Linde (NYSE:LIN; FWB:LIN) today announced it has completed the sale of Gist Limited, Linde’s temperature-controlled logistics provider primarily in the United Kingdom and Ireland, to Marks & Spencer Group plc, a leading British retailer. The sale of this non-core asset was completed on September 30, 2022.
About Linde
Linde is a leading global industrial gases and engineering company with 2021 sales of $31 billion (€26 billion). We live our mission of making our world more productive every day by providing high-quality solutions, technologies and services which are making our customers more successful and helping to sustain and protect our planet.
The company serves a variety of end markets including chemicals & energy, food & beverage, electronics, healthcare, manufacturing, metals and mining. Linde's industrial gases are used in countless applications, from life-saving oxygen for hospitals to high-purity & specialty gases for electronics manufacturing, hydrogen for clean fuels and much more. Linde also delivers state-of-the-art gas processing solutions to support customer expansion, efficiency improvements and emissions reductions.
For more information about the company and its products and services, please visit www.linde.com
Media Relations
Anna Davies
Phone: +44 1483 244705
Email: anna.davies@linde.com
30.09.2022 CET/CEST Dissemination of a Corporate News, transmitted by EQS - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
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Linde plc is one of the world's leading engineering and industrial gas production groups. Net sales break down by activity as follows:
- production and sale of industrial gases (86.3%). Net sales break down by market between chemicals and energy (25%), manufacturing (19%), healthcare (16%), metals and mining (14%), food and beverage (10%), electronics (9%) and other (7%);
- surface engineering services (8.3%);
- other (5.4%).
Net sales are distributed geographically as follows: the United Kingdom (5.9%), the United States (31.6%), Germany (11%), China (7.9%), Australia (4.1%), Brazil (3.5%) and other (36%).