Linde recently announced that it has completed the sale of Gist to Marks & Spencer (M&S) Group, a leading British retailer. The sale was completed on September 30, 2022.
Gist, temperature-controlled logistics provider primarily in the United Kingdom and Ireland, is Linde’s non-core asset. Linde and M&S have reached an agreement for M&S at July 27, 2022.
Even though the ownership change, M&S Group will retain Gist’s identity and continue to operate as a separate business.