11.11.2012 Views

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

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

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.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!