Linde

Linde Inc. is a leading global producer and distributor of industrial gases, headquartered in Danbury, Connecticut. The company offers a wide range of atmospheric gases, including oxygen, nitrogen, and argon, as well as process gases such as hydrogen, carbon dioxide, and helium. Linde also provides specialized equipment and coatings for various applications. Its diverse clientele spans multiple industries, including healthcare, petroleum refining, manufacturing, food and beverage, aerospace, and water treatment. With a workforce of approximately 63,500 employees operating in more than 100 countries, Linde plays a crucial role in optimizing gas processing technologies and enhancing plant lifecycle productivity. The company, which was previously known as Praxair, Inc. before rebranding in 2020, has a strong commitment to innovation and customer collaboration, supporting its mission to deliver high-quality products and services globally.

BS Sung

President Region South Korea

7 past transactions

H2 MOBILITY

Venture Round in 2022
Operator of a chain of hydrogen refueling station networks for fuel cell vehicles. The company develops hydrogen infrastructure to supply cars with fuel cell drives as well as offers hydrogen fuel and fuel cards, thereby enabling car owners to reduce emissions in Germany.

ITM Power

Post in 2019
ITM Power designs and manufactures hydrogen energy systems for energy storage and clean fuel production, focusing on sustainable solutions through water electrolysis. Based in Sheffield, United Kingdom, the company operates primarily in the UK, Germany, France, Italy, the Netherlands, and the United States. ITM Power's products, including HGas for power-to-gas and industrial hydrogen applications, aim to facilitate the transition to a zero-carbon hydrogen economy. Additionally, the company engages in research and development, prototype manufacturing, and the sale of electrolyzers and hydrogen storage solutions. ITM Power also operates 15 hydrogen refueling stations, supporting the infrastructure needed for hydrogen as a clean fuel alternative. Founded in 2001, ITM Power is committed to enhancing energy security and reducing dependence on fossil fuels through its innovative technologies.

Praxair

Acquisition in 2018
Praxair, Inc. is a leading industrial gases company based in Danbury, Connecticut, recognized as the largest in North and South America. With over 27,000 employees across 50 countries, Praxair has been in operation for more than a century, focusing on enhancing productivity and efficiency in various sectors. The company provides a wide range of industrial gases, including oxygen for steel-making, hydrogen for petrochemical production, and carbon dioxide for food and beverage applications. Praxair has a significant presence in India, where it operates more than 35 locations and has established major on-site plants to support its industrial gas production capacity. In addition to atmospheric gases, Praxair offers specialty gases, health care solutions, surface technologies, and hard goods. The company's commitment to innovation and safety ensures reliable, cost-effective gas supply and delivery, assisting businesses in improving their competitive edge in the marketplace.

The Service Center

Acquisition in 2017
The Service Center is a provider of medical oxygen and respiratory equipment repair services to healthcare providers.

Lincare

Acquisition in 2012
Lincare, based in Clearwater, Florida, specializes in respiratory care, home infusion therapy, and medical equipment services. The company is recognized for its commitment to enhancing patient quality of life through education and clinical support, which promotes adherence to prescribed therapies. Lincare provides a comprehensive range of services, including home oxygen equipment, respiratory therapy, enteral therapy, infusion therapy, and sleep apnea treatment. Their approach emphasizes personalized care, ensuring patients receive continuous support tailored to their specific medical needs.

The BOC Group

Acquisition in 2006
The BOC Group manufactures and distributes a range of software tools for its clients. The company’s product portfolio consists of Adoscore, Adonis, Adolog, and Adoit. It offers consulting, training, and cloud-based services to its clients. Its consulting services consist of expertise in BPM, quality management, enterprise architecture management, IT service management, performance management, governance, and knowledge transfer. The BOC Group was founded in 1886 and is based in Surrey.

AGA

Acquisition in 2000
AGA is an industrial gas manufacturer based in Sundbyberg, Sweden. The company specializes in producing gases such as oxygen, nitrogen, argon, neon, krypton, and xenon using cryogenic temperature and distillation techniques. AGA plays a vital role across various sectors, including metallurgical processes, the chemical and food industries, environmental protection, glass and electronics manufacturing, construction, the pharmaceutical industry, and research and development. By providing essential gases, AGA supports a diverse range of applications, contributing to advancements in technology and industry standards.
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