Messer Austria, on 2nd May 2011, acquired the gas business of Sapio Gase GmbH. With this the company plans to consolidate its market position in Austria.
FRANKFURT, GERMANY: Messer Austria, the Austrian subsidiary of Messer, intends to consolidate its market position in Upper Austria through purchase of gas business of Sapio Gase GmbH. Sapio Gase business has a strong presence in the industrial sector. The transaction was completed on 2 May 2011.
“Through our takeover of Sapio Gase GmbH, we plan to strengthen our market position in Upper Austria, a region of considerable importance to the gas business. At the same time, this acquisition enables us to achieve a greater range of supply and a useful addition to our regional presence,” noted Michael Beck, Managing Director - Austria, Messer. With the takeover of Sapio Gase, among other things Messer acquires the customer base of some 1,400 customers for bottled gas, for the most part metal-processing operations and small commercial operations.
© WOC News