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Air Products Completes Acquisition of General Electric Company's Gasification Business and Technology

Aug 05, 2019 - Targeted News Service
Mergers and Acquisitions

Air Products and Chemicals issued the following news release:

Air Products (NYSE:APD) today announced it has completed the acquisition of General Electric Company's ("GE") gasification business from GE Power. Financial terms of the transaction are not being disclosed.

"The successful acquisition of the GE gasification technology further supports our long-term, strategic focus on gasification. This acquisition, combined with our other capabilities, gives us the ability to provide a co...