How many acquisitions has Linde made so far?

Linde has completed 8 acquisitions so far, with an average acquisition amount of $6.6B.

Which countries does Linde usually acquire in?

Linde has made acquisitions in 5 countries with the most activity in United States and Sweden.

In which year did Linde make the most acquisitions?

Linde was most active in 2006, with 2 acquisitions completed in that year.

List of 8 Acquisitions by Linde (Jul 2026)

Q: Which is Linde's latest acquisition?

Linde's most recent acquisition is nexAir, a Provider of welding equipment renting, supplying, automation, and industrial training services, acquired in October 2022.

Linde has made a total of 8 acquisitions. Peak acquisition years were 1999 and 2006 with 2 acquisitions each, and 2022 with 1 acquisition. These activities span 5 countries, including United States, Sweden, and India, across 4 sectors: Oil & Gas Downstream, Telecom Operators, and Medical Device Distributors. Between 2020 and 2025, the average is 0.2 acquisitions per year, with 0 acquisitions completed this calendar year. The most recent acquisition is nexAir, a Memphis-based provider of welding equipment rentals, supplies, automation, and industrial training founded in 1996; the transaction was finalized in October 2022.

Here's the year on year acquisition history of Linde:

Number of Total Acquisitions

Year	# Acquisitions
2022	1
2020	1
2017	1
2012	1
2006	2
1999	2

View all Acquisitions by Linde

Recent acquisitions by Linde

Linde's most recent acquisition - nexAir is a Provider of welding equipment renting, supplying, automation, and industrial training services, founded in 1996 and located in Memphis. Linde acquired a 77.2% stake in it in October 2022 for a price of $*****.

Here is the list of all acquisitions by Linde sorted by the latest acquisition date:

Acquired on	Acquired Company	Acquisition Price	Facilitators	Stake Acquired	Acquisition Multiple
Oct 11, 2022	nexAir	ahqt	gage	90	384
Oct 16, 2020	Afrox	sglw	boim	89	134
Jan 16, 2017	The Service Center	vnqc	flqw	23	967
Jul 01, 2012	Lincare	ndsh	fkxl	40	863
2006	Spectra	fjwa	maxv	96	632