Acquisitions

Atlas Copco has acquired the operating assets of medical gas service provider MedCore Services.

Nikkiso Cryogenic Industries’ Clean Energy and Industrial Gases Group (Group) will purchase German global plant engineering and construction company Cryotec Anlagenbau GmbH (Cryotec) for an undisclosed amount.

Linde has completed its acquisition of nexAir, which was until now one of the largest independent packed gas distributors in the US, with 2022 sales of about $400m.

Iwatani Corporation of America, an Iwatani Corporation subsidiary, has entered the wider US industrial gases market for the first time, with the acquisition of Montana-based Aspen Air US.

Oxygen therapy and on-site generation systems provider CAIRE Inc. has finalised the acquisition of MGC Diagnostics Holdings, Inc., a Minnesota-based non-invasive cardiorespiratory diagnostic systems manufacturer.

Cloud-based business management software company ECI Software Solutions has acquired B2B eCommerce software and services company ES Tech Group.

Italian energy company Eni is in preliminary talks to buy private-equity backed gas and oil producer Neptune Energy (Neptune), a deal that could be worth between $5-6bn, reported Reuters, citing a source with knowledge of...

Shell Petroleum, a wholly owned subsidiary of Shell, has reached an agreement with Davidson Kempner Capital Management, Pioneer Point Partners and Sampension to buy Nature Energy Biogas (Nature Energy) for nearly $2bn (€1.9bn).

Atlas Copco has acquired Montana Instruments Corporation and once again expanded its North American footprint.

Atlas Copco has once again expanded its North American footprint, having today (11th Nov) announced the acquisition of Northeast Compressor.