Peter-Vincent Schuld

It is not self-evident that if you add one substance to another, you will get a desired chemical reaction.
The same is true in burgeoning relationships, whether between partners of a human or corporate nature.

A lot of “water had to flow through the sea” before the merger between the German Linde (industrial gases and chemicals) and its industry colleague Praxair (industrial gases)
could take place.

Merger talks started in 2016 and then bounced off again, only to fall back into a passionate merger that is now taking place. Two years of talking, negotiating and walking out of the meeting rooms. Now it seems that the tide has turned for the better.

The new group seems to hav the wind in its sails, partly due to the implemented tax reforms of US President Trump.
In March of the year, the annual results of Linde AG without Praxair as a partner were presented for the last time. This year, the two companies will definitively enter into the proverbial marriage in community of property. The total value of the combined group will be around 60 billion euros.

There is quite a bit of merger going on in order to achieve greater efficiency and efficiency. Last year, the merger between chemical giants Dow Chemical and DuPont became a fact.
The new company generated higher sales and profit in the first quarter. Net sales were $21.5 billion in the first 3 months. However, the agro division had
less rosy figures than DowDuPont says was due to bad weather conditions. Final total profit came in at $1.1 billion for the first quarter.

As a result of the merger of Dow and DuPont, some of the staff became redundant and factories and offices had to be closed. DowDuPont expects to earn a return on cost savings of about $3.3 billion.