Performance chemicals supplier Dehon Group and Linde Gas Benelux, member of technology company The Linde Group, have agreed on the acquisition of the global ethylene oxide business of Inventec Performance Chemicals SA, a fully owned subsidiary of Dehon Group. The acquisition, effective September 15th, 2012, is accomplished by Chemogas NV, a subsidiary of Linde Gas Benelux.
“The sale of this activity is the result of a reorganization of our product portfolio, enabling us to focus on our core markets and to strengthen our international company`s position on a long term basis,” said Pierre-Etienne Dehon, President of the Dehon Group.
“This deal will foster Inventec’s worldwide position in the high tech chemicals market where we offer products and services for electronics, aeronautics, precision mechanics, aerosol, foam expansion” added Patrice Rollet, General Manager of Inventec.
Don Huberts, Regional Manager Europe West at Linde Gas, said: “This acquisition strengthens Chemogas’ position as leading supplier of ethylene oxide and related services. We will now further improve and optimize our global services, to the benefit of our valued ethylene oxide customers in more than 45 countries.”
“Inventec will perform as Chemogas` toll-filling partner, in order to guarantee a smooth transition of the business to Grimbergen, Belgium, later in 2013, “ said Dirk Battig, General Manager of Chemogas NV.
Ethylene oxide from Chemogas and Inventec is mainly used as a sterilization gas for medical devices.
Chemogas, located in Grimbergen, Belgium, is globally active in the filling and blending of chemical gases, next to its activities in waste treatment and supply of technical services and components.
The Dehon Group (turnover EUR 180 m, 550 employees) is a global key player in High Tech Performance Chemicals through its fully owned subsidiary Inventec, located in St. Priest and Bry-sur-Marne, France, and 5 other sites in Europe, Asia and Mexico. The Dehon Group is a leading supplier of refrigerants fluids and services for the heating, ventilating and air conditioning industry through his company Climalife. The commitment of the Dehon Group to sustainable chemicals is enhanced by its 2012 launch of a continuous improvement approach “greenway”.
The Linde Group is a world-leading gases and engineering company with around 51,000 employees in more than 100 countries worldwide. In the 2011 financial year, it generated revenue of EUR 13.787 bn. The strategy of The Linde Group is geared towards long-term profitable growth and focuses on the expansion of its international business with forward-looking products and services. Linde acts responsibly towards its shareholders, business partners, employees, society and the environment – in every one of its business areas, regions and locations across the globe. The Group is committed to technologies and products that unite the goals of customer value and sustainable development.
For more information, see The Linde Group online at http://www.linde.com.
Linde Gas Benelux B.V.
Marjolein van Westrenen