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Announced

Completed

Messer and CVC Capital Partners formed a Joint Venture.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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chemicals

industrial gas

Chemicals: Diversified

Joint Venture

Private

Completed

Friendly

Single Bidder

United States

Majority

Private Equity

Synopsis

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Messer, a manufacturer and supplier of oxygen, nitrogen, special gases and a wide variety of gas mixtures, and CVC Capital Partners finalized a formation of the joint venture. Financial terms were not disclosed. “We intend to fully integrate the joint venture into the family-run Messer Group within a few years. In the medium term, we want to use the merger of the two companies to become a global player again with a presence in the relevant industrial gas markets,” Stefan Messer, Messer Group Owner and CEO.

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