Air Products to acquire leading European CO2 business

Air Products announced Thursday a definitive agreement to purchase ACP Europe, the largest independent carbon dioxide business in continental Europe. 

According to a news release, this transaction will complement Air Products' European CO2 capabilities in core geographies. 

"We are delighted to announce this transaction to acquire ACP. We are committed to invest in our core industrial gas business where it creates significant value for our shareholders, and the acquisition of ACP fulfills that criteria," said Ivo Bols, president of Industrial Gases - Europe and Africa at Air Products. 

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