Middle East Economic Survey

VOL. L

No 26

25-June-2007

ALGERIA

Linde Group Acquires A Majority Interest In ENGI

Germanys technology group Linde has acquired 66% of Algerias state-owned industrial and medical gases company Entreprise Nationale de Gaz Industriels (ENGI). An assets transfer agreement was signed by the head of ENGI Boucherit Lahoucine and the manager of Linde Algeria, Richard Perrayon, in Algiers on 18 June. ENGI, which has 10 production sites in Algeria and employs about 700 people,...