Don't dismiss it so easily... This is the Linde Group 64000 employees and €27445 BILLION in assets.
The Linde Group
Linde AG
Type
Aktiengesellschaft
Traded as FWB:
LIN
Industry Chemicals
Founded 1879; 138 years ago
Founder Carl von Linde
Headquarters Munich,
Germany
Key people
Aldo Belloni (President and
CEO), Wolfgang Reitzle (
Chairman of the
supervisory board)
Products Industrial gas production,
alkene,
natural gas and
air separationplant engineering,
logistics services
Revenue
€17.944 billion (2015)
[1]
Operating income
€4.131 billion (2015)
[1]
Profit
€1.149 billion (2015)
[1]
Total assets
€27.445 billion (2015)
[1]
Total equity
€15.449 billion (2015)
[1]
Number of employees
64,538 (2015)
[1]
Website www.linde.com
Linde Gas, Hamburg-Wilhelmsburg
The Linde Group, registered as
Linde AG (
FWB:
LIN), is a German
multinational chemical company founded in 1879. It is the world's largest industrial gas company by market share as well as revenue. Linde shares are traded on all the
German stock exchanges and also in
Zürich, and the Linde share price is included in the
DAX 30 index. The group is headquartered in
Munich,
Bavaria,
Germany.
The Linde Group has over 600 affiliated companies in more than 100 countries,
[2] with customers in the industrial, retail, trade, science, research and public sectors.
In September 2006 the company acquired its UK based competitor
The BOC Group, and subsequently disposed of its non-gas interests. Linde's former materials handling business was rebranded as
KION Group in September 2006 and sold in November 2006 to
KKR and
Goldman Sachs for €4bn. In March 2007 the BOC Edwards semiconductor equipment business was sold to
CCMP Capital for €685m.
[3]
Linde's revenue in 2015 were €17.9 billion, with 64,500
employees.
[4]
Following the BOC acquisition, The Linde Group has become the world's largest industrial gas company. In 2005, Linde AG and BOC together had 21% of the world's market in industrial gases followed by
Air Liquide with 19%,
Praxair with 13%,
Air Products & Chemicals with 10%,
Taiyo Nippon Sanso Corporation with 4%,
Airgas with 3% and
Messer Group with 1%.
[5]