The Linde Group

Geschichte

The Linde Group, registered as Linde AG, is a German multinational chemical company founded in 1879. It is the world's largest industrial gas company by market share as well as revenue. Linde shares are traded on all the German stock exchanges and also in Zürich, and the Linde share price is included in the DAX 30 index. The group is headquartered in Munich, Bavaria, Germany.The Linde Group has over 600 affiliated companies in more than 100 countries, with customers in the industrial, retail, trade, science, research and public sectors.In September 2006 the company acquired its UK based competitor The BOC Group, and subsequently disposed of its non-gas interests. Linde's former materials handling business was rebranded as KION Group in September 2006 and sold in November 2006 to KKR and Goldman Sachs for €4bn. In March 2007 the BOC Edwards semiconductor equipment business was sold to CCMP Capital for €685m.Linde's revenue in 2016 were €16.948 billion, with 59,715 employees.Following the BOC acquisition, The Linde Group has become the world's largest industrial gas company. In 2005, Linde AG and BOC together had 21% of the world's market in industrial gases followed by Air Liquide with 19%, Praxair with 13%, Air Products & Chemicals with 10%, Taiyo Nippon Sanso Corporation with 4%, Airgas with 3% and Messer Group with 1%.