Air Liquide sold biogas assets in four countries to Mobius Renewables, strengthening portfolio optimization and strategic growth focus.
Air Liquide has announced the divestment of its biogas production operations in the United States, France, Norway, and Sweden to Mobius Renewables. The transaction includes several production facilities along with associated distribution infrastructure, marking another strategic step in Air Liquide’s ongoing effort to optimize its global portfolio and enhance long-term value creation.
The divestiture reflects Air Liquide’s broader strategy of actively managing its asset base while concentrating investments on businesses and technologies that align closely with its long-term growth priorities. By transferring these biogas production assets to Mobius Renewables, the company aims to sharpen its focus on core industrial gas activities, technological innovation, and sustainable solutions that support industrial transformation and decarbonization worldwide.
Air Liquide emphasized that portfolio optimization remains a central element of its business approach. The company continuously evaluates opportunities to strengthen competitiveness, improve operational efficiency, and accelerate growth in strategic sectors. Through selective investments and divestments, the Group seeks to reinforce its market leadership while adapting to evolving energy and environmental trends.
Founded in 1902, Air Liquide has developed into one of the world’s leading suppliers of gases, technologies, and services for industrial and healthcare applications. The company’s activities revolve around essential small molecules such as oxygen, nitrogen, hydrogen, and other industrial gases that play a critical role in everyday life and numerous economic sectors. These gases are fundamental to industries including manufacturing, electronics, energy, chemicals, metallurgy, food processing, and healthcare.
Operating in 59 countries, Air Liquide serves approximately 4.3 million customers and patients globally with a workforce of around 65,000 employees. The Group reported revenues approaching €27 billion in 2025, underlining its strong global presence and resilient business performance. Its diversified operating model and extensive local footprint enable the company to maintain stability while addressing changing industrial and environmental requirements across multiple regions.
Air Liquide’s expertise in engineering and advanced technologies has positioned the company as a key partner in industrial efficiency and sustainable development initiatives. The Group continues to invest heavily in innovation-driven solutions that help customers reduce emissions, improve productivity, and strengthen supply chain resilience. Its technologies are increasingly aligned with major global trends such as energy transition, clean mobility, hydrogen development, carbon reduction, and circular economy initiatives.
The company also highlighted its commitment to supporting industrial and societal transformation through scalable and sustainable solutions. By leveraging technological innovation and engineering excellence, Air Liquide aims to accelerate decarbonization efforts while delivering long-term value for stakeholders. The company believes that strategic exposure to high-growth markets and emerging megatrends will continue to drive future expansion opportunities.
The sale of the biogas production activities illustrates how Air Liquide is refining its operational priorities while maintaining a strong commitment to sustainability and innovation. As industries worldwide intensify efforts to transition toward lower-carbon operations, the Group plans to focus on areas where it can deliver the greatest technological and economic impact.
Meanwhile, Mobius Renewables is expected to continue operating and developing the acquired biogas assets, supporting renewable energy and sustainable fuel production across the four countries involved in the transaction. The acquisition further strengthens the renewable energy landscape in Europe and North America by enabling specialized operators to expand capabilities within the growing biogas sector.
