LINDE GROUP SERIES

LINDE GROUP SERIES

made a series of cash offers to acquire the group. Following the breakup of the talks, France's L'Air Liquide S.A. division, 'Union Carbide Industrial Gases', were in possible merger discussions with BOC Group. industrial gases company Praxair, which in 1992 spun off from Linde AG's U.S. The enlarged company changed its name to the BOC Group. After 11 years of litigation, in 1978 Airco became a wholly owned subsidiary of BOC. In 1975, the company officially became 'BOC International Ltd', reflecting its success in developing business outside of Britain, and in products beyond oxygen.ДЄn important part of BOC's history was the acquisition of Airco Industrial Gases, an American competitor.

It divested non-strategic assets and concentrated on its primary business, especially the gases and health care markets, and the expansion of these businesses to Europe, the Americas and the Far East. The 1973 oil crisis led to a rethinking of BOC's future strategy. As a result, BOC diversified into the computer business. In 1971, the company installed the largest mainframe computer in Britain, linking a network of computers throughout the country, and sold computer time to outside customers. It established subsidiaries and joint ventures in Jamaica, the Netherlands, South Africa, Sweden and Spain for a number of products which included transformers, magnetising equipment, frozen foods, stable isotopes, radioactively labelled compounds and cryogenic systems. With the plan of expanding into the Far East, it set up British Oxygen (Far East) Ltd, based in Tokyo. Muirhead Ltd, quick-frozen food suppliers, in 1969. It also acquired Ace Refrigeration Ltd and J. One was the refrigeration market and it set up a joint venture called BOC-Linde Refrigeration Ltd., with Linde AG of Germany in 1968. This meant a further increase in business for BOC.Д«OC diversified into many industries in the 1960s and '70s. In the 1950s, due to the increased demand for automobiles, improved methods of manufacturing steel were invented which required 'tonnage' oxygen. After the war, BOC formed subsidiaries in over twenty countries. As in the First World War, the business grew. In the post-war period, it grew by acquisitions, which included Sparklets Ltd, Allen-Liversidge Ltd and the Quasi-Arc Company.Дuring the Second World War, the gases for munitions and for medical needs were provided by BOC. During the First World War, the business increased significantly as the mass production of needed war machinery-ships, tanks and trucks-involved either metal cutting or welding.

In 1906, the Brin brothers renamed the company the British Oxygen Company, or BOC. The new process replaced the inefficient barium oxide process, paving the way for larger-scale and more efficient production.ДЄs BOC and expansion (1906вЂ“1978) In exchange, von Linde was given a stake and a board position in Brin's Oxygen Company, which he held until 1914. The Brin brothers negotiated an agreement to use the Linde patents. The German engineer and founder of the Linde Group, Carl von Linde, won the patent for the process. Around the same time, new cryogenic air separation processes had been devised independently in Britain, the United States and Germany. The main application for gaseous oxygen at that time was in connection with the generation of limelight, used in magic lanterns and theatre lighting.ДЄ major new market emerged around 1903, with the development of the oxyacetylene welding process. In the early years, the company manufactured oxygen using a high-temperature barium oxide process, known as the Brin process, developed from the work of French scientist Jean-Baptiste Boussingault. was formed in 1886, by two French brothers, Arthur and Leon Brin. History Early years as Brin's Oxygen Company (1886вЂ“1905) Д«rin's Oxygen Company, Ltd.

1.4 Part of the Linde Group (2006вЂ“present).

1.1 Early years as Brin's Oxygen Company (1886вЂ“1905).

Linde acts responsibly towards its shareholders, business partners, employees, society and the environment ? in every one of its business areas, regions and locations across the globe. Linde is committed to technologies and products that unite the goals of customer value and sustainable development.ДЇor more information, see The Linde Group online at The strategy of The Linde Group is geared towards sustainable earnings-based growth and focuses on the expansion of its international business with forward-looking products and services. In the 2008 financial year it achieved sales of EUR 12.7 billion. The Linde Group is a world leading gases and engineering company with almost 50,000 employees working in around 100 countries worldwide.

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