Concluding the conquest: A new leader in North America

摘要

So the ink is finally dry on the biggest deal in the industrial gases business in years, with the key signatures committed to contracts and glasses raised across both sides of the Atlantic. It's official: Air Liquide has acquired Airgas, at a total enterprise value of $13.4bn. With the coming together of two of the industry's biggest players, the ink is not just dry on the paperwork - the acquisition leaves an indelible mark on the North American gases business as a whole.