The complete history of the development of The - The Linde Group
The complete history of the development of The - The Linde Group
The complete history of the development of The - The Linde Group
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66<br />
1980<br />
Beginning <strong>of</strong> <strong>the</strong> Iran-Iraq War.<br />
<strong>Linde</strong> Refrigeration supplied all refrigerated display cases for <strong>the</strong><br />
Pinguin Supermarket in Siegen, Germany in 1973.<br />
<strong>The</strong> upheaval in Eastern Europe opened up new future<br />
opportunities for Commercial Refrigeration: Beginning in 1992,<br />
<strong>Linde</strong> used <strong>the</strong> cost advantages <strong>of</strong> <strong>the</strong> Czech Republic and, with<br />
a partner, founded <strong>Linde</strong> Frigera spol. s.r.o. for <strong>the</strong> production<br />
<strong>of</strong> plug-in refrigerated and frozen display cases.<br />
In Warsaw, Poland in 1996, <strong>Linde</strong> set up a sales company<br />
in order to gain a share <strong>of</strong> <strong>the</strong> demand from Western retailers<br />
by building up <strong>the</strong>ir presence in Poland.<br />
Focus on Europe<br />
Starting in 1997, <strong>Linde</strong> concentrated more strongly again on <strong>the</strong><br />
Western European countries. In England, <strong>the</strong> Wiesbaden corporation<br />
rose to become <strong>the</strong> market leader in commercial refrigeration<br />
with <strong>the</strong> purchase <strong>of</strong> Radford Retail Systems Ltd. <strong>Linde</strong> AG<br />
also streng<strong>the</strong>ned its market position through a majority takeover<br />
<strong>of</strong> <strong>the</strong> Chief <strong>Group</strong>, a leading sales company for commercial<br />
refrigerated display cases in France, Great Britain, Belgium and<br />
<strong>the</strong> Ne<strong>the</strong>rlands in 1998.<br />
In Sou<strong>the</strong>rn Europe, <strong>Linde</strong> consolidated its position in<br />
commercial refrigerated display cases with <strong>the</strong> purchase <strong>of</strong><br />
<strong>the</strong> remaining shares <strong>of</strong> Frigel Apostolou S. A. (1997) and<br />
<strong>the</strong> remaining 20 percent <strong>of</strong> <strong>the</strong> Italian Criosbanc S. p. A.<br />
<strong>Linde</strong> secured <strong>the</strong> Swiss commercial refrigeration market<br />
for itself in 1996 by taking over Frigorex AG in Lucerne from<br />
Gebrüder Sulzer AG; <strong>Linde</strong> also acquired <strong>the</strong> remaining shares<br />
in ZEHAG Kälte + Klima AG as well as EQUIPE FROID S. A.,<br />
La Conversion, which <strong>the</strong> company had been invested in<br />
since 1991.<br />
A fur<strong>the</strong>r competitive edge was obtained when <strong>Linde</strong> quickly<br />
converted to CFC-free – and thus environmentally friendly –<br />
refrigeration units.<br />
Overseas, <strong>Linde</strong> set up joint ventures in Thailand and <strong>the</strong><br />
Philippines; in Brazil, <strong>the</strong> Commercial Refrigeration division<br />
acquired 75 percent <strong>of</strong> Seral do Brasil S. A., a leading supplier<br />
<strong>of</strong> refrigerated display cases, non-refrigerated equipment and<br />
checkout systems.