Bad Soden, Germany,
12
March
2014
|
09:00
Europe/Amsterdam

Messer sells business in Italy

Effective 12 March 2014, the largest privately managed industrial gas specialist, Messer, has sold its shares in Messer Italia S.p.A, which is headquartered in Settimo Torinese. The purchaser is the company Rivoira S.p.A., in which the gas producer Praxair is the major shareholder. In addition to the plants for gas production and distribution, Rivoira will take over the Italian company’s 70 employees.

Messer Italia was founded in Milan in 1980 under the name Messer Griesheim Italiana S.p.A, and since 2004 was a 100% subsidiary of Messer Group GmbH, which has its head office in Bad Soden near Frankfurt am Main.