Acquisition of Energas Limited and Engweld by Air Liquide UK

Deal typeTransaction Services
IndustryBusiness Services

The BDO Transaction Services team has recently provided financial due diligence services to Air Liquide UK in connection with its acquisition of two Hull-based suppliers of packaged gases, liquid petroleum gas and welding and engineering equipment and consumables.  Paris-based Air Liquide S.A. is listed on Euronext and is a multinational group supplying gases and related services to the medical, food, energy, chemical and manufacturing industries and has an established presence in the UK. The deal provides Air Liquide with an enhanced capability in the production and distribution of packaged gases and increased geographical coverage in the UK.       

"The approach of the BDO team was very professional throughout the transaction. Working closely with the wider Air Liquide team, they were always responsive and very proactive in seeking to identify the salient issues of particularly importance to us, delivering a focussed, clear and comprehensive report. We enjoyed working with BDO on this important transaction for Air Liquide and look forward to working with BDO again. We would not hesitate to recommend them.”      

Matthew Hasnip, Chief Financial Officer, Air Liquide UK