Concluding this deal enables the company to better serve existing customers and pursue new industrial gas growth opportunities. Customers will now benefit from an expanded liquid CO₂ supply position across additional European geographies and greater density throughout Continental Europe.
“This is a good, logical deal. The ACP CO2 business complements our own and provides a solid platform to deliver customer value and pursue further European industrial gas growth,” commented Ivo Bols, Air Products’ Industrial Gases President in Europe and Africa. “I have no doubt that our customers will benefit from a stronger portfolio as well as the collective and complementary expertise of our combined team.”
“With over 120 years of CO2 experience, we have built a quality, well-managed business that delivers,” commented Jan De Ridder, Director, ACP. “Becoming part of Air Products means we can look to the future with great optimism.”
ACP serves customers across a variety of applications including beverage, chemical, food and horticulture. It has more than 120 employees, four liquid CO2 production plants (with an additional facility under construction) and two dry ice production locations across Europe.