Air Liquide (AL) recently announced that it has signed an agreement to divest its business in Trinidad and Tobago to Massy Gas Products Holding (MGPHL).

This transaction is part of AL’s strategy to regularly review its asset portfolio and focus on selected fast developing areas and activities. As a consequence of this divestiture, the approximately 30 employees of this business will be integrated within MGPHL.

AL is well-positioned to further grow its presence in Latin America where it intends to pursue the opportunities emerging with the clean energy transition, including hydrogen energy leveraging the area's abundant natural resources.

This agreement is subject to regulatory approvals of the Trinidad & Tobago Fair Trading Commission for completion and other customary closing conditions.