PanGas

What PanGas does

PanGas, operating as Linde Gas Schweiz AG since January 1, 2024, is the Swiss subsidiary of Linde plc — a publicly traded, globally leading industrial gases and engineering group that reported $33 billion in revenue in 2022. Headquartered in Dagmersellen, Switzerland with 251–500 employees, the company produces and supplies a comprehensive portfolio of industrial, medical, food-grade, pharmaceutical, and specialty gases, including oxygen, nitrogen, argon, helium, carbon dioxide, acetylene, hydrogen, propane, butane, dry ice, and refrigerants. The offering is anchored by proprietary branded product lines: MISON, CORGON, and CRONIGON welding gases; BIOGON and BANARG food-grade gases; VERISEQ pharmaceutical gases (GMP-compliant); and Linde Green sustainable air gases. Adjacent offerings include welding and cutting equipment, gas accessories (pressure regulators, hoses, installation materials), specialty gas mixtures, cryogenic container delivery (notably liquefied nitrogen), and consumer leisure products under the CAMPINGAZ brand.

The business operates a direct B2B commerce model through the Boconlineshop e-commerce platform at linde.ch, serving registered business customers with account management, multi-account functionality, bulk-order templates, invoicing, Click & Collect, and on-site cryogenic delivery services. Commercial differentiation rests on regulatory qualifications — MDR (EU 2017/745) certification for medical gases, GMP compliance for pharmaceutical gases, and SQS Module H1 quality certification — combined with the scale, supply chain, and brand inherited from Linde plc. End customers span five segments: industrial manufacturing and welding trades; healthcare and pharmaceutical; food and beverage; chemical, metallurgy, and research; and consumer/leisure. Revenue is generated predominantly through hardware sales of gases, equipment, and accessories under a quote-based, pay-as-you-go billing cadence with no publicly disclosed pricing. No standalone revenue or headcount time-series is disclosed for the entity in the source material.

Name

PanGas

Legal name

Linde Gas Schweiz AG

Website

https://pangas.ch

Company type

Private

Founded year

1898

Operating status

Operating

Headcount range

251–500 employees

Short description

Linde Gas Schweiz AG (formerly PanGas AG) is the Swiss subsidiary of Linde plc, producing and distributing industrial, medical, food-grade, pharmaceutical, and specialty gases — along with welding equipment and accessories — to manufacturing, healthcare, food, chemical, and research customers across Switzerland via direct B2B e-commerce.

Ownership category

akta.pro rank

Product category

Industrial Gases

NAICS

Industrial Gas Manufacturing (32512), Chemical and Allied Products Merchant Wholesalers (4246)

SIC

Industrial Inorganic Chemicals (2810), Wholesale-Chemicals & Allied Products (5160)

akta.pro primary industry

Gas Handling Equipment & Storage (Cylinders/Tanks/Valves) (IMAEACAL)

Keywords

• Industrial gas supply
• Technical gases
• Welding gases
• Medical gases
• Specialty gas mixtures

Headquarters

HQ city

Dagmersellen

HQ country

Switzerland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Industrial and Technical Gas Sales: Sale of technical gases including oxygen, nitrogen, argon, carbon dioxide, acetylene, helium, propane, hydrogen, and specialty gases to industrial customers.
2. Welding and Cutting Equipment Sales: Sale of welding machines, torches, accessories, gas equipment, regulators, hoses, and safety instruments.
3. Medical Gas Supply: Supply of medical gases to healthcare providers, including oxygen and other medical gases with MDR certification.
4. Food-Grade and Pharmaceutical Gas Supply: Supply of food-grade gases (BIOGON®) and pharmaceutical gases (VERISEQ®) to food and pharmaceutical industries.
5. Dry Ice and Cryogenic Container Services: Sale of dry ice and cryogenic container-delivered gases including liquid nitrogen delivery services.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

PanGas (operating as Linde Gas Schweiz AG since January 1, 2024) produces and supplies industrial, technical, medical, food-grade, pharmaceutical, and specialty gases—including oxygen, nitrogen, argon, helium, carbon dioxide, acetylene, hydrogen, propane, butane, and dry ice—along with related gas accessories and welding/cutting equipment to Swiss industrial, healthcare, food, pharmaceutical, and consumer customers via a direct e-commerce platform and delivery services.

Product overview

PanGas (now operating as Linde Gas Schweiz AG) is an e-commerce platform for industrial and medical gases. The core product portfolio includes technical gases (Oxygen, Nitrogen, Argon, Helium, Carbon Dioxide, Acetylene, Hydrogen), welding gases with branded product lines (MISON®, CORGON®, CRONIGON®), food-grade gases (BIOGON®, BANARG®), pharmaceutical gases (VERISEQ®), medical gases, dry ice, refrigerants, specialty gases, and gases in cryogenic containers. Supporting products include gas accessories (pressure regulators, hoses, installation materials), welding and cutting equipment, and leisure/camping products. Linde Green offers sustainable green gas solutions. The platform also provides digital bulk management for supply coordination and Linde Healthcare for medical gas services.

Differentiator

Problem solved

Functional benefit

Brands

• MISON: Product line for welding gases
• CORGON
• CRONIGON
• VERISEQ
• BIOGON
• BANARG
• Linde Green
• CAMPINGAZ

Products and services

• Technical Gases (Technische Gase) Industrial gases including Acetylene, Argon, Helium, Carbon Dioxide, Air, Oxygen, Nitrogen, and Hydrogen for use in food industry, chemical industry, metallurgy, pharmaceutical industry, and research.
• Welding Gases (Schweissgase) Shielding gases for welding and cutting processes including MIG/MAG and TIG welding, offered through proprietary product lines MISON®, CORGON®, and CRONIGON®.
• Dry Ice (Trockeneis) Dry ice for cooling and cleaning applications, supplied to industrial and commercial customers in Switzerland.
• Propane and Butane (Propan & Butan) Propane and butane gases for various industrial and commercial applications including heating and commercial cooking.
• Balloon Helium (Ballon-Helium) Helium sold to consumers for inflating balloons and for celebration purposes.
• Refrigerants (Kältemittel) Pressurized liquefied gases for cooling and refrigeration systems with specific purity grades, supplied to commercial refrigeration and HVAC customers.
• VERISEQ® Pharmaceutical Gases Pharmaceutical gases meeting strictest purity requirements for the pharmaceutical industry, with documentation and production processes complying with GMP standards.
• BIOGON® Food-Grade Gases Food-grade gases for the food and beverage industry, meeting high quality requirements for food preservation and processing.
• Medical Gases (Medizinische Gase) Medical gases for healthcare applications including oxygen for patient care, supplied to hospitals and healthcare providers with MDR certification.
• Specialty Gases and Gas Mixtures (Spezialgase / Gasgemische) Specialty gases and custom gas mixtures for demanding industrial applications such as chemical processing, metallurgy, additive manufacturing, and research.
• Cryogenic Container Gases (Gase in Kryobehältern) Gases supplied in cryogenic containers (argon, helium, carbon dioxide, oxygen, nitrogen) with on-site delivery service for liquefied nitrogen to bulk industrial customers.
• Welding and Cutting Equipment (Schweiss- & Schneidgeräte) Welding and cutting equipment including E-hand welding machines, TIG welding machines (DC and AC/DC), MIG/MAG welding machines, plasma cutting machines, and cleaning/polishing/marking equipment for industrial and craft customers.
• Leisure Products (Freizeit-Produkte) Consumer leisure products including grilling equipment (Plancha, sausage grills, gas grills, ceramic grills), cooking and cooling products (built-in cooktops, cookers, fondue/raclette, refrigerators, instant water heaters), heating products, balloon products, and CAMPINGAZ camping equipment sold to individual consumers.
• Linde Green Sustainable Gases Green air gases for a sustainable future, offering environmentally-friendly gas solutions to industrial customers seeking lower-carbon supply options.

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Westfalen Group: German family-owned industrial and medical gas producer with Swiss presence. Comparable in scale and product breadth to Linde Gas Schweiz AG, competing in industrial, medical, food-grade, and specialty gas segments in DACH markets.
• SOL Group: Italian-headquartered industrial and medical gas producer with operations across multiple European countries. Comparable mid-sized competitor serving industrial, healthcare, and homecare gas customers with similar technical and medical product lines.
• Air Liquide Switzerland: Swiss subsidiary of Air Liquide, the other global industrial gas major. Directly competes with Linde Gas Schweiz AG across industrial, medical, and specialty gases in the same Swiss territory with the same business model.
• Messer Group: Privately-held global industrial gas company headquartered in Germany with Swiss operations. Competes head-to-head in industrial, medical, and specialty gases across the DACH region, with comparable product portfolio and customer mix.

Broad incumbents

• Nippon Gases Europe: European industrial gas subsidiary of Nippon Sanso Holdings, operating across multiple European countries. Comparable broad product portfolio (industrial, specialty, medical gases) but serves multiple geographies rather than specializing in Switzerland.
• Air Products and Chemicals: US-listed global industrial gas major with European operations. Competes in the broader industrial, medical, and hydrogen gas space but at significantly larger global scale; not specialized to the Swiss market like Linde Gas Schweiz AG.
• Iwatani Corporation: Japanese-headquartered industrial gas and hydrogen energy company with European presence. Comparable in industrial, specialty, and medical gas offerings; broader geographic and energy-business focus than the Swiss subsidiary.

Others

• Campingaz: Leisure and outdoor gas products brand already carried by Linde Gas Schweiz AG as a sub-brand. Adjacent product category (consumer gas grills, camping stoves) that broadens the addressable market beyond industrial customers.
• Praxair Surface Technologies (Linde): Coatings and surface-treatment services business within Linde plc. Same parent company as Linde Gas Schweiz AG, so not a competitor, but a sister division sharing the Linde global brand and customer base in Switzerland.
• BASF SE: Global chemical company that produces industrial gases as byproducts and operates a large gas merchant business in Europe. Adjacent rather than direct overlap; competitor for industrial gas supply at very large scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/linde-europe

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PanGas