Messer, the world's largest privately held industrial gases specialist, has agreed to acquire all shares in Messer Industries from CVC Capital Partners Fund VII. The transaction is expected to close by year end 2023. GIC will take a minority stake in Messer to finance the acquisition.
Messer, the world's largest privately held industrial gases specialist, will acquire all shares in Messer Industries from CVC Capital Partners Fund VII, becoming sole owner. Simultaneously, GIC will take a minority stake in Messer to support long-term growth.
German industrial gas maker Messer SE is in talks with sovereign wealth funds including GIC, ADIA and EQT to finance a buyout of its joint venture Messer Industries GmbH with CVC Capital Partners. The JV, which owns former Linde assets in the Americas, could be valued at up to €7 billion.
German industrial gasmaker Messer SE is in talks with sovereign wealth funds including GIC, ADIA and EQT to help finance a buyout of its joint venture Messer Industries GmbH, which could be valued at up to 7 billion euros.