fast-growing electronics sector

Industrial gas major Air Liquide has completed the $3.3bn acquisition of DIG Airgas, an industrial gas producer in South Korea, which it announced in August. With the deal’s closure, Air Liquide will double its workforce in South Korea and reach around €900m of combined sales as it looks to build on its 30-year footprint in the market, and capitalise further on Asia-Pacific’s growing industrial gas potential. François Jackow, CEO of Air Liquide, said the deal demonstrated the company’s ability to invest strategically for profitable growth in Asia – particularly in the fast-growing electronics sector – and gave three reasons for the purchase. “Driven by its outstanding innovation and manufacturing capabilities, Korea is leading the next waves of development in key sectors like the semiconductors industry, clean energy and mobility,” he said. “Second, because it will enable… Read More »Air Liquide completes DIG Airgas acquisition | Air Liquide News