Abelló Linde Centenary Book
Abelló Linde Centenary Book
Abelló Linde Centenary Book
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espect to the forecasts made and it is necessary to impose a new pace on the<br />
social events for which opportunities seem to present themselves, of efficient and<br />
clear positive influence.” If we bear in mind that the minutes of the shareholders’<br />
meetings and the Board of Directors are written in a thoroughly cold legal tone,<br />
this long declaration of intent has to be considered extraordinary and intended.<br />
The moment is important for the company. The president’s declaration was to be<br />
accompanied by a formal fact; the indefinite extension of the life of the company,<br />
and two positive and linked novelties: the announcement of the return of <strong>Linde</strong> to<br />
the shareholders, with all that this entailed, and a capital increase. The extension<br />
was foreseeable, as the life of the company was due to end officially at the end of<br />
1962 and there was nothing to suggest they were going to let it die. But the entry<br />
in the capital of <strong>Linde</strong> indicated that they would have available new technology<br />
and new investment at the service of the company.<br />
The period 1956-1975 was one of strong expansion for Abelló, Oxígeno-<br />
<strong>Linde</strong> SA. A period of industrial and financial expansion that did not come to an<br />
end until 1974, when concern was expressed for the poor industrial situation and<br />
the low demand for gases.<br />
Supervising the operation of the installations in La Sagrera factory<br />
114 The return of <strong>Linde</strong> and a strong industrial boost (1956-1975)