SEOUL – Linde Korea has completed the takeover of Air Liquide Korea’s industrial merchant and electronics onsite and liquid bulk air gases businesses for an undisclosed sum. Ten sites fall under this agreement.

Associated customer contracts have been transferred to Linde Korea, together with Air Liquide Korea employees who will continue to operate the plants and service customers.

“The acquired industrial merchant and electronics onsite facilities will further strengthen our existing extensive network of sites and customer density in South Korea, and support the growth intentions of major markets, particularly in the electronics sector,” said Sanjiv Lamba, COO for Asia Pacific and member of the executive board of Linde.

“Our investments reaffirm our commitment to key customers, including Korean conglomerates such as Samsung, LG, Lotte Chemical and SK Hynix, to support their growth plans in South Korea and worldwide,” added Steven Fang, regional business unit head, East Asia, The Linde Group.

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