The Linde Group recently announced that it has concluded the acquisition of the Turkey based industrial gases company Birlesic Oksijen Sanayi A.S. (BOS), a subsidiary of the Koc group, at an enterprise value of approximately 120 million US dollars.
Following the receipt of unconditional approval from the antitrust authorities, the transaction was completed.
BOS operates with industrial and specialty gases. In fiscal year 2006 BOS generated sales of approximately 40 million US dollars and employed a staff of around 180.
Following the acquisition of Karbogaz A.S. in July 2006, the takeover of BOS is the second major transaction in Turkey by Linde.
