Linde, a global leader in industrial gases and engineering, has finalized its acquisition of Airtec, one of the largest industrial gas companies in the Middle East. This transaction increases Linde’s stake from 49% to more than 90%, consolidating its position as a dominant player in the region.
The acquisition significantly strengthens Linde’s presence across the GCC, covering key markets such as Kuwait, UAE, Qatar, Bahrain and Saudi Arabia. Airtec serves customers in critical sectors including energy, healthcare and manufacturing. The integration will create an expanded and diversified portfolio to meet the growing regional demand for industrial gases.
Linde’s existing operations in the Middle East include air separation units, CO₂ plants, onsite gas generation facilities and infrastructure for industrial, medical and specialty gases. “Airtec’s footprint is highly complementary to Linde’s existing business,” said Oliver Pfann, Senior Vice President EMEA, Linde. “The acquisition creates a diversified and integrated business that will benefit from significant synergies, while strengthening supply chain reliability and customer service. By consolidating our operations, Linde has also strengthened its owned network density in a region where demand for industrial gases continues to grow.”
