Air Liquide has signed an agreement to divest its business in Trinidad and Tobago to Massy Gas Products Holding Ltd. (MGPHL).
Due to this divestiture, approximately 30 employees of this business will be integrated within MGPHL. This transaction is part of Air Liquide’s strategy to regularly review its asset portfolio and focus on selected fast-developing areas and activities.
Air Liquide is well-positioned to grow its presence further in Latin America, where it intends to pursue the opportunities emerging with the clean energy transition, including hydrogen energy leveraging the area’s abundant natural resources.
This agreement is subject to regulatory approvals of the Trinidad & Tobago Fair Trading Commission for completion and other customary closing conditions.
taking action today while preparing for the future is at the heart of Air Liquide’s strategy. With ADVANCE, its strategic plan for 2025, Air Liquide is targeting a global performance, combining financial and extra-financial dimensions. Positioned on new markets, the Group benefits from major assets such as its business model combining resilience and strength, its ability to innovate and its technological expertise. The Group develops solutions contributing to climate and the energy transition—particularly with hydrogen—and takes action to progress in areas of healthcare, digital and high technologies.