30.09.2011 • News • Industrial gases • Air Products • Mergers & Acquisitions (M&A)

Air Products to Buy 25% Stake in Gases Businesses of Abdullah Hashim

Air Products & Chemicals announced it has agreed to acquire a 25% stake in the gases and equipment businesses of Abdullah Hashim Industrial Gases & Equipment. The transaction is subject to regulatory approval and customary local closing conditions. Financial terms are not being disclosed.

AHG is a company of the privately-owned Abdullah Hashim Group, based in The Kingdom of Saudi Arabia.

AHG has three main production locations in Dammam, Jeddah and Riyadh, plus distribution centers at key locations across The Kingdom. AHG also has a purchase agreement with National Industrial Gases Companyat Jubail and Yanbu for liquid products.

Innovation Pitch

Discover Tomorrow’s Innovators

The Start-up Platform for Chemistry & Life Sciences

CHEManager Innovation Pitch supports innovation in the chemistry and life sciences start-up scene. The platform allows founders, young entrepreneurs, and start-ups to present their companies to the industry.

Free Expert Insights

Advancements in Bispecific Antibody Development

Dual‑Targeting Breakthroughs

Unlock the latest breakthroughs in bispecific antibody development! Download Wiley’s free Expert Insights eBook to explore cutting-edge dual-targeting strategies, advanced purification methods, and bioanalytical technologies transforming immunotherapy and cancer treatment.