Gilde Equity Management has announced the acquisition of Chemogas NV through a management buy-out from Linde Group, aiming to enhance Chemogas's growth in the specialty gas market.

Information on the Target

Chemogas NV, established in 1975 and headquartered in Grimbergen, Belgium, is a prominent international supplier of packaged chemical gases and related services. The company specializes in the filling, mixing, global marketing, and distribution of chemical gases and liquids. Chemogas is recognized as one of the leading global providers of packaged ethylene oxide for the medical sterilization industry. Additionally, Chemogas supplies natural refrigerants, such as ammonia and propylene, to customers in over 70 countries. The firm has successfully established itself as a key player in waste management within its market segments, emphasizing the recycling of packaged gases. Chemogas operates under stringent certifications, being ISO 9001 and ISO 14001 certified and classified as a SEVESO company.

Since becoming a part of the Linde Group, a publicly listed German multinational focusing on industrial gases and engineering services, in 1990, Chemogas has evolved significantly. Under the leadership of CEO Dirk Battig, the company aims to leverage Gilde Equity Management's experience in fostering the development of leading businesses to enhance its strategic focus on penetrating new product segments and geographies, bolstered by a growing market share of ethylene oxide in the global sterilization market.

Industry Overview in Belgium

The chemical industry in Belgium is a vital segment of the country's economy, characterized by a diverse range of companies engaged in the production of chemicals, synthetic materials, and gases. It contributes notably to Belgium's