10 December 2012
10 December 2012: Gide advisor to Air Liquide in the acquisition of Russian industrial gas company Lentechgas
The Moscow office of Gide Loyrette Nouel acted as a legal advisor to Air Liquide, the world leader in gases for industry, health and the environment, in connection with the acquisition of Lentechgas, a Russian industrial gas company located in Saint-Petersburg. Lentechgas is market leader in the North-West Region with a significant market share in bulk and packaged industrial gases.
Through this acquisition, Air Liquide will strengthen its position in the region and the Russian market in general. The plans of the company include investments in Lentechgas of around 40 million Euros, in state-of-the-art equipment.
Gide Moscow team was involved in the structuring of the deal and both the due diligence and transactional phases.
Boris Arkhipov, partner in the Moscow office of Gide Loyrette Nouel and head of the team of lawyers who acted on this project, said: "We are happy to assist our long-standing client Air Liquide and facilitate the continued growth of their business in Russia".