Trade News
Timisoara, April 04, 2017 – Linde closes acquisition of ITO Industries International Romania and Rodmir Expert
Linde Romania has successfully closed the acquisition of companies Rodmir Expert SA and ITO Industries International SA.
The transaction focuses on industrial gases operations in several locations in Romania: Bucharest, Iasi, Cluj, Oradea, Targu Mures, Hunedoara and Ploiesti. Rodmir and ITO supply customers in the retail sector.
With this acquisition, Linde is looking to enhance its product service offering and address the needs of customers of all sizes across Romania.
“This deal is a further underpinning of the success of our growing business in Romania. It showcases our commitment to invest further in the region.” states Ciprian Islai, Managing Director Linde Romania.
Iuliana Arsinel, Managing Director ITO Industries International: “We are excited to join the Linde Group, and look forward to continuing to provide the highest levels of quality, service, and reliability to our customers. They will benefit from this move as we can now deliver an even broader product and services range at a faster pace.”
About Linde Gases Division
The Linde Group’s Gases Division is a world leading supplier of industrial, specialty and medical gases, serving a variety of customers across almost all industries, supporting science, research and medicine. Linde Gases offers a wide range of compressed and liquefied gases and chemicals used in all-scale production facilities. The Linde Gases portfolio extends from on-site gas production directly at customer site, through delivery of liquefied gases and customer specific tank installations, to gas cylinder deliveries to homes or businesses.
Together with our customers, Linde Gases has developed a broad range of industrial and medical gas applications and services. Through these innovative solutions and consistent optimisation, the gases Linde delivers become an integral part of production chain and people’s lives in multiple industries and customer groups we serve.
Among the industries the Linde Gases Division serves are Metal & Steel, Chemical and Petrochemical, Pulp & Paper, Food & Beverage, Glass & Ceramics, Auto Manufacturing, Medical Facilities & Patients, Agriculture, Electronics, Environmental Protection & Services, Welding Shops, Research Facilities.
About The Linde Group
In the 2016 financial year, The Linde Group generated revenue of EUR 16.948 bn, making it one of the leading gases and engineering companies in the world, with approximately 60,000 employees working in more than 100 countries worldwide. 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 company 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 www.linde.com
Contact:
Petruta Petcu - BDR Associates / Hill + Knowlton Strategies Partner
Phone: + 40 722 996 307; e-mail: petruta.petcu@bdr.ro
Oana Reiber – Linde AG
Phone: + 49 89 7446 1369, e-mail: oana.reiber@linde.com