Linde India Acquires 100% of Airtech Cryogenic Gases for ₹111.2 Cr

Linde India Limited announced its Board's approval for the acquisition of 100% of the share capital of Airtech Cryogenic Gases Private Limited for an estimated consideration of ₹111.20 Crore. This acquisition, subject to customary closing conditions, is expected to strengthen Linde India's core business, scale, and growth in the industrial and medical gases sector. Airtech Cryogenic Gases Private Limited, incorporated in April 2023, reported a turnover of ₹2,899.95 lakhs for the 9 months of operation ending March 2026. The transaction is anticipated to be completed within 8 weeks.