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ASCO CARBON DIOXIDE and BUSE Gastek pool their strengths in CO2-process and dry ice technology

Members of the management board of both Messer Group GmbH and BUSE Group

 

The German firm BUSE Gastek GmbH & Co. KG, headquartered in Bad Hönningen, is merging its business divisions for CO2 production and recovery plant construction and dry ice technology with the Swiss company ASCO CARBON DIOXIDE LTD, headquartered in Romanshorn. Employees of BUSE Gastek working in these divisions will be transferred to ASCO, a subsidiary of the German specialist in industrial gases Messer Group. Based on sales figures for 2013, the merger will result in a competitive company with an estimated annual turnover of EUR 32 million.

The joint venture will operate under the name ASCO CARBON DIOXIDE LTD, with Marco Pellegrino retaining his role as Managing Director. BUSE Gastek’s business divisions Tank Service for Technical Gases and Cryogenic Freezers, based at the sites in Bad Hönningen and Steinheim-Bergheim, are not affected by the merger and will remain part of BUSE Gastek.

ASCO and BUSE Gastek share a similar heritage: both companies are traditional plant builders with over 90 and 120 years of experience respectively in CO2 and dry ice technology. The merger will allow the expertise and product portfolios of both companies to be pooled and significantly expanded. This applies in particular to the complex field of CO2 recovery, which requires a constant flow of innovative solutions to meet customers’ economic and environmental demands. The joint venture offers solutions for a wide range of CO2 sources, whether natural sources, stack gas, brewing and other fermentation processes, ammonia, hydrogen or ethylene oxide production, or a host of other industrial sources.

“The merger will allow us to combine and expand our core competencies and pool our strengths,” enthuses ASCO Managing Director, Marco Pellegrino. “This is a huge step for

both parties, and we look forward to working together and maintaining our status as a global player on the market.”

Particularly in the fields of engineering and plant construction, Germany continues to play a key role on the international markets, so it was quickly decided that ASCO would acquire and expand a site at the BUSE Gastek location in Bad Hönningen, Germany. This will house the departments for engineering and for the construction of CO2 production and recovery plants. The production of dry ice machines for the entire joint venture will be carried out in Eschlikon, Switzerland.

Completion of the transaction is subject to the conclusion of negotiations with the works committee of BUSE Gastek regarding reconciliation of interests.

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About ASCO:

Swiss ASCO CARBON DIOXIDE LTD is a provider of complete CO2 and dry ice solutions with customers worldwide. The product range includes CO2 production and recovery plants, dry ice blasting units, dry ice production machines, CO2 cylinder filling systems, CO2 vaporisers, CO2 storage tanks, CO2 dosing systems for water neutralisation and various other CO2 and dry ice equipment. Thanks to this broad product range and more than 90 years of practical experience in the wide field of CO2 and dry ice, customers benefit from individual, complete CO2 solutions from a single source. Since 2007 ASCO has been part of the international industrial gas enterprise Messer Group and is its competence centre for CO2.

About BUSE Gastek:

The BUSE Group’s position in the gas market is defined by a long-established, integrated chain of competence, from producers of mineral water, to producers and distributors of CO2, to specialists in engineering and services for the gas industry and as builders and operators of plants for producing, using and recovering CO2. Thanks to its innovative product range, BUSE is a recognised specialist in the construction of machines for producing dry ice, dry ice blasting units and cryogenic freezer systems. With more than 25 years of market experience, BUSE is among the leading suppliers of technical and medical gases and their application technologies in the Balkan region and southern Europe. BUSE companies produce carbon dioxide from industrial and natural sources and market it together with the related application technologies to industrial customers in south-east Europe. In northern Europe BUSE is a globally leading service provider for testing and filling pressurised gas cylinders and extinguishing agent containers for the fire industry.

About the Messer Group:

The Messer Group, which was established in 1898, is the largest privately managed specialist in industrial, medical and special gases. Under the brand Messer – Gases for Life, the company is active in 30 countries in Europe and Asia, as well as in Peru, Algeria and New Zealand, with a total of more than 60 operating companies. The international activities are controlled from the Frankfurt am Main area, whilst the technical centralised functions of logistics, engineering, production and application technology are managed from Krefeld. Stefan Messer, CEO and owner of the Messer Group, works together with the 5,404 employees in accordance with defined principles. These include a focus on customers and employees, responsible behaviour, corporate responsibility, excellence as well as trust and respect. In 2013 the industrial gases specialist generated consolidated turnover of €1.027 billion.