Industrial gases major Linde has said it is committed to making “tuck-in” acquisitions around the world.
Speaking at the company’s latest earnings call, CEO Sanjiv Lamba said decisions about any possible deals it might do were governed by “network density” – in other words, filling in geographical gaps in its coverage where it can.
“For us to be able to bring a tuck-in acquisition, enhance our network density, and actually move that business forward is how we see a good growth opportunity,” said Lamba.
He added that Linde has a good track record in the US when it comes to making acquisitions that plug gaps.
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