# Messer and CVC Fund VII agree to buy Linde's North and South American gases business

Messer and CVC Capital Partners Fund VII agreed with Linde AG to acquire the majority of Linde's industrial gases business in North America and parts of its South American business for USD 3.3 billion. The joint venture MG Industries will operate under the Messer brand, and the deal depends on the Praxair-Linde merger and cartel approvals.

- Type: Acquisition
- Announced: 2018-07-16
- Where: North America and South America, United States
- Value: $3.30B
- Jobs: 5,100
- Status: announced
- Products: industrial gases
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [CVC Capital Partners](https://endata.com/companies/226.md) (investor)
- [Linde](https://endata.com/companies/472.md) (partner)
- [Messer](https://endata.com/companies/3598.md) (acquirer)

## Sources

- [cvc.com](https://www.cvc.com/media/news/2018/2018-07-16-messer-and-cvc-fund-vii-acquire-assets-in-the-americas-from-linde/), 2018-07-16: "The purchase price of USD 3.3 billion (EUR 2.8 billion) will be subject to customary adjustments at closing."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.