# Air Liquide acquires 80% stake in Cryoconcept

Air Liquide acquired 80% of the capital of French company Cryoconcept, which specializes in dilution refrigeration technology for extreme cryogenics. The deal strengthens Air Liquide's expertise in low-temperature applications.

- Type: Acquisition
- Announced: 2020-09-24
- Where: France
- Status: completed
- Products: dilution refrigeration systems, cryogenic equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Air Liquide](https://endata.com/companies/2132.md) (acquirer)
- [Cryoconcept](https://endata.com/companies/50139.md) (target)

## Sources

- [airliquide.com](https://www.airliquide.com/group/press-releases-news/2020-09-24/air-liquide-strengthens-its-expertise-extreme-cryogenics-acquisition-majority-stake-cryoconcept), 2020-09-24: "We are delighted to welcome Cryoconcept employees to Air Liquide."

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