December 02, 2008

Linde Group sells its valve production facility MAPAG to Metso

World leading gases and engineering company the Linde Group announced that it has sold its valve production facility Germany’s MAPAG Valves GmbH to the international technology corporation Finland’s Metso at an enterprise value of EUR 36 million. The contract will enter into effect on approval from the relevant anti trust authorities.

With the divestiture of this non core activity Linde's Engineering Division further focuses on its core competencies. MAPAG is a specialist in producing high performance butterfly valves for different types of plants in the petrochemical, air separation and Liquefied Natural Gas industry.