December 1999 / January 2000

EU Commission investigates Linde's acquisition of AGA

01 December 2000

The European Commission has launched an enquiry into the acquisition of Swedish industrial gases producer AGA by German company Linde. The two firms, which both produce air gases, carbon dioxide, hydrogen and some speciality gases, are respectively number five and six in this sector. The Commission’s concerns focus on the strong position which Linde will obtain in Germany, the Netherlands and Austria. In addition to EU notification, the transaction needs to be approved by competition regulators in the USA, Poland, the Czech Republic, Hungary and Romania.