Technip to Buy Zimmer Polymer Technologies from Air Liquide
December 15 2014 - 1:56AM
Dow Jones News
By Inti Landauro
PARIS--French oil service company Technip SA (TEC.FR) said
Monday that it had agreed to buy Zimmer Polymer Technologies from
Air Liquide (AI.FR), one day after dropping plans to buy smaller
peer CGG (CGG.FR).
Technip didn't disclose the amount it will pay to take over the
Frankfurt-based polyamide and polyester processor, which employs 40
engineers.
Technip said on Sunday that it had dropped plans to buy CGG
after talks on the merger with its management failed.
-Write to Inti Landauro at inti.landauro@wsj.com
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