Chemical
Linde completes divestment of selected businesses in Northern Europe
The company today announced it has completed the divestment of selected non-core assets in Northern Europe to Gasum, a Nordic gas sector and energy market expert.
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By ICN Bureau | April 30, 2020
Linde today announced it has completed the divestment of selected non-core assets in Northern Europe to Gasum, a Nordic gas sector and energy market expert.
The divestment includes Linde's Liquefied Natural Gas (LNG) and biogas business in Scandinavia, plus its marine bunkering business in Germany. The businesses generate annual revenues of approximately EUR 100m and employ 35 people. As of May 1, 2020 all employees, customer and supplier contracts will be transferred to Gasum.
