02 October 2008 09:27 [Source: ICIS news]
SINGAPORE (ICIS news)--Germany’s oil and gas engineering group Linde AG has bought the remainder of Australian liquefied petroleum gas (LPG) company Elgas from its joint-venture partner AGL Energy for €126m ($177m), the company said on Thursday.
"This transaction will enable us to strengthen our position as the leading supplier of gases in ?xml:namespace>
Reitzle was upbeat about the synergies between the LPG business and Linde’s industrial gas business.
“We can leverage the Elgas infrastructure and management to expand and improve our combined LPG business across
Elgas operates the largest LPG storage facility at Port Botany in
Elgas, the largest LPG marketer in
($1 = €0.71)
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