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- Messer Group
Messer Group Revenue, Valuation, Funding & Investors
Messer Group is valued at $11B as of May 2023, a 2.4x revenue multiple. Messer Group revenue was $4.5B and Messer Group EBITDA was $1.3B, as disclosed with its latest round.
Last Messer Group valuation
$11B
Strategic investment · May 2023
Last Messer Group funding round
Strategic investment
Amount undisclosed · May 2023
Messer Group revenue
$4.5B
Strategic investment · May 2023
Key investors in Messer Group
GIC
About Messer Group
Messer Group is a Bad Soden-headquartered industrial gases producer founded in 1898, ranking among Europe's largest privately held suppliers. It manufactures oxygen, nitrogen, argon, hydrogen, helium, CO2, and specialty mixtures for metallurgy, chemicals, food processing, and healthcare from 30 production sites across Germany, UK, France, and Eastern Europe. Messer supplies medical gases compliant with EMA standards and welding mixtures to automotive giants like Volkswagen.
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Revenue
$4.5B (May 2023)
Valuation
$11B (May 2023)
Sectors
Messer Group Valuation
Messer Group is currently valued at $11B, based on its strategic investment round in May 2023. Read the announcement ↗
The round included GIC.
Messer Group valuation by funding round
| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| May 2023 | Strategic investment | $11B | 2.4x |
Messer Group Revenue
Messer Group's latest recorded revenue is $4.5B, as of its strategic investment round in May 2023. At a $11B valuation, that implies a 2.4x revenue multiple.
Messer Group revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| May 2023 | $4.5B | $11B | 2.4x | Strategic investment |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Messer Group Funding History
Messer Group has raised 1 funding round.
| Date | Stage | Investors | Valuation | Deal Summary |
|---|---|---|---|---|
| May 2023 | Strategic investment | GIC | $11B | Messer Group, the world's largest privately held specialist for industrial, medical, and specialty gases with operations in Asia, Europe, and the Americas, partnered with GIC, a Singapore-based global institutional investor, in May 2023. GIC acquired a minority stake valued at €2 billion, reported as approximately 20%, providing financing for Messer's full acquisition of its joint venture Messer Industries from CVC Capital Partners. The transaction, completed after regulatory approvals by late 2023, integrated Messer's North and South American and Western European operations under single ownership. The strategic rationale focused on sustainable, profitable growth, enabling Messer to leverage its 11,000 employees and €4.2 billion in 2022 sales to challenge industry leaders through organic expansion and acquisitions. GIC's long-term investment approach aligns with family-owned businesses, supporting Messer's global positioning amid opportunities in green energy and the Asia Pacific region. CEO Bernd Eulitz highlighted the partnership as opening a new chapter, strengthening the company as a dynamic challenger. |
Who has invested in Messer Group?
1 investor has backed Messer Group across its funding rounds, including GIC.
Messer Group Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 Messer Group investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Messer Group
Messer Group has acquired 1 company to date.
Last acquisition by Messer Group was on October 5th 2020. Messer Group acquired Hans Mueller HMP Medical Technology for undisclosed valuation.
Latest Acquisitions by Messer Group
| Description | Hans Mueller HMP Medical Technology is a Germany-based supplier of specialized medical equipment to healthcare providers. The company distributes diagnostic and therapeutic devices, including systems for patient monitoring and treatment, from its operations in the Rhine-Main area. It serves hospitals and clinics with reliable medical technology solutions tailored to clinical needs. |
| HQ Country | |
| HQ City | Nuremberg |
| Deal Date | 5 Oct 2020 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Messer Group acquisitions and their M&A valuation multiples. Start Free Trial | |
Investments by Messer Group
Messer Group has invested in 1 company to date.
Latest investment by Messer Group was on January 28th 2026. Messer Group invested in ZhiChun Precision in their Series A round.
Latest Investments by Messer Group
| Description | ZhiChun Precision is a supplier of high-purity industrial gases, specializing in research, development, manufacturing, and sales for semiconductor, medical, and scientific research applications. |
| HQ Country | |
| HQ City | - |
| Deal Date | 28 Jan 2026 |
| Round | Series A |
| Raised | undisclosed |
| Investors | Qingdao Xifa; MAGS Capital; Zhejiang State-owned Asset Management; Yellow River Delta Industrial Investment Fund |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Messer Group investments and their VC round multiples. Start Free Trial | |
Messer Group Competitors
Messer Group competitors include listed companies like Guangxi Guiguan Electric, HD Hyundai, Antero Resources and AES, and private ones like Eni Plenitude and VoltaGrid.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $1.6B | $1.1B | $11B | 9.5x | ||
| Publicly listed | $52B | $5.4B | $11B | 0.5x | ||
| Publicly listed | $5B | $1.7B | $11B | 2.5x | ||
| Publicly listed | $12B | $2.6B | $11B | 3.8x | ||
| Private | $7.7B | $1.2B | $12B | 1.5x | ||
| Private | - | - | $10B | - |
Messer Group Public Comps
Messer Group is still privately-owned, but its public comps include Guangxi Guiguan Electric, HD Hyundai, Antero Resources, AES, Eneva, Enlight Renewable Energy, Zheneng Electric, Antero Midstream, OQ and JSW Energy.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $1.6B | $1.1B | 9.8x | 9.5x | 14.2x | 14.1x | |||
| $52B | $5.4B | 0.5x | 0.5x | 5.1x | 3.1x | |||
| $5B | $1.7B | 3.1x | 2.5x | 9.0x | 6.3x | |||
| $12B | $2.6B | 4.0x | 3.8x | 18.6x | 16.2x | |||
| $3.6B | $1.3B | 4.3x | 5.4x | 12.1x | 13.5x | |||
| $582M | $461M | 27.0x | - | 34.1x | - | |||
| $12B | $2.6B | 1.4x | 1.5x | 6.6x | 7.8x | |||
| $1.3B | $960M | 10.9x | 10.6x | 14.3x | 11.6x | |||
This data is available for Pro users. Sign up to see all Messer Group competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Messer Group
| Where is Messer Group headquartered? | Messer Group is headquartered in Frankfurt, Germany. |
| Is Messer Group publicly listed? | No, Messer Group is a private, VC-backed company. |
| What is Messer Group's valuation? | Messer Group was last valued at $11B in its strategic investment round in May 2023. |
| What was Messer Group's last funding round? | Messer Group's last funding round was a strategic investment round in May 2023. |
| Who are Messer Group's investors? | Messer Group's investors include GIC. |
| What is Messer Group's revenue? | Messer Group's latest recorded revenue is $4.5B (May 2023). |
| What is Messer Group's revenue multiple? | Messer Group's latest valuation implies a 2.4x revenue multiple ($11B valuation on $4.5B of revenue). |
| Which companies are comparable to Messer Group? | Companies comparable to Messer Group include Guangxi Guiguan Electric, HD Hyundai, Antero Resources, AES, Eni Plenitude and VoltaGrid. |
| How many companies has Messer Group acquired? | Messer Group has acquired 1 company, including Hans Mueller HMP Medical Technology. |
| How many companies has Messer Group invested in? | Messer Group has invested in 1 company, including ZhiChun Precision. |
| What was Messer Group's last investment? | In January 2026, Messer Group invested in ZhiChun Precision's Series A alongside Qingdao Xifa, MAGS Capital, Zhejiang State-owned Asset Management and 1 other investor. |
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