News / Cold chain forwarder Gist now not for sale, says owner Linde

Gist, a UK cold chain forwarder that has been for sale for some time, is now off the market, according to owner Linde.

The German gases company inherited Gist when it acquired BOC Group in 2006 and has been trying to sell it since 2015.

Linde had been in talks with HNA Group, the formerly acquisitive but now struggling Chinese conglomerate.

The German company said today in its first-half earnings statement that “sales negotiations with potential buyers were abandoned in the second quarter of 2018 and ...