Messer, a leading global expert in private industrial gases, medical gases, and specialty gases, has completed a full acquisition of its joint venture Messer Industries after obtaining regulatory approval. After being solely owned by Messer Industries, Messer Group can continue to develop and grow as a global gas company.
In addition, global investment firm GIC has become a long-term minority shareholder of Messer. GIC has a good record in collaborating with global family businesses and fully supports Messer's sustainable profit growth strategy.
The acquisition of Messer Industries marks the successful end of Messer's partnership with its previous joint venture partner CVC Capital, which consists of Messer's companies in North, South America, and Western Europe.
Messer sees significant opportunities in all business areas around the world. Messer's goal is to achieve greater product diversification by focusing on particularly promising industries or through partnerships in green energy transformation. Messer expects significant growth in future sales and revenue, and is likely to double its business volume by 2030.
CEO of Messer Group, Ou Lishi, stated: With the collaboration between Messer and GIC and the approval of its wholly-owned acquisition of Messer Industries, Messer has opened a new chapter in its 125 year corporate history. As a gas group that has achieved success in Asia, Europe, and the Americas, we will be bigger and stronger, and we will work together with our new partner GIC to advance our grand plan. Messer has 11000 employees worldwide and great potential. We hope to be the top pick The identity of a fighter is approaching that of an industry giant
GIC, also known as Singapore Government Investment Company, was established in 1981 as a leading global investment institution aimed at ensuring Singapore's financial future. Its main task is to manage Singapore's foreign exchange reserves, with over 2100 employees in 11 major financial cities worldwide and investments in over 40 countries.
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