Linde India acquires Airtech Cryogenic Gases for Rs 111.20 crore, expanding its operations Back
<p>Linde India Limited announced it has acquired 100% of the share capital of Airtech Cryogenic Gases Private Limited for an estimated Rs 111.20 crore, subject to adjustments, with the transaction expected to complete within 8 weeks. Airtech, incorporated on April 10, 2023, is engaged in the business of manufacturing, sales, and distribution of industrial and medical cryogenic gases and has an Air Separation Unit located at Dholka, Gujarat, reporting a turnover of Rs 2,899.95 lakhs for the nine months of operation.</p>