You have 10 free articles left this month. Get your freeBasic subscription now and gain instant access to more.

Serbia's Messer Tehnogas acquires Messer Slovenia

Author Maja Garaca
Serbia's Messer Tehnogas acquires Messer Slovenia Author: Messer Group. License: All rights reserved.

BELGRADE (Serbia), August 8 (SeeNews) - Serbian blue-chip industrial gases producer Messer Tehnogas [BEL:TGAS] said on Wednesday it has signed a deal with Messer Belgium N.V. to acquire its 91.24% stake in Messer Slovenia.

All three companies are part of Germany's Messer Group.

Messer Tehnogas has effectively gained control over 100% holding in Messer Slovenia, as the Slovenian company controls the remaining 8.76% stake, the Serbian company said in a filing to the Belgrade Stock Exchange.

Messer Tehnogas owned the entire capital of Kosovo-based Messer GTM, Bosnia's Messer BH Gas and Albania's Messer Albagas at the end of 2017, according to data from its annual financial statement. 

Messer Group owned 81.94% shareholding interest in Messer Tehnogas at the end of last year, while the remainder was in the hands of retail shareholders.