Merger Air Products completes acquisition of ACP

by Editor fleischwirtschaft.com
Tuesday, March 05, 2019
Concluding this deal enables the company to better serve existing customers and pursue new industrial gas growth opportunities.
Photo: Air Products
Concluding this deal enables the company to better serve existing customers and pursue new industrial gas growth opportunities.

Air Products announced it has completed the acquisition of ACP Europe SA, the largest independent carbon dioxide (CO₂) business in Continental Europe. All required customary closing conditions and regulatory approvals have been satisfied. Financial terms of the transaction are not being disclosed.

Air Products is a industrial gases company in operation for over 75 years. The company provides industrial gases and related equipment to dozens of industries, including refining, chemical, metals, electronics, manufacturing, and food and beverage. The company is also the world’s leading supplier of liquefied natural gas process technology and equipment.

Concluding this deal enables the company to better serve existing customers and pursue new industrial gas growth opportunities. Customers will now benefit from an expanded liquid CO₂ supply position across additional European geographies and greater density throughout Continental Europe.  

ACP serves customers across a variety of applications including beverage, chemical, food and horticulture. It has more than 120 employees, four liquid CO2 production plants (with an additional facility under construction) and two dry ice production locations across Europe.

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