François Jackow CEO of Air Liquide

In Good Company with Nicolai Tangen

Norges Bank Investment Management

In Good Company, Business, Norges Bank, Nicolai Tangen

4.8 • 186 Ratings

🗓️ 21 June 2023

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

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Summary

François Jackow CEO of Air Liquide

How do you make billions of dollars out of air? Air Liquide is a French multinational company that sell industrial gases across the world. No industry will work well without gases. Tune in and learn more!

The production team on this episode were PLAN-B’s Nikolai Ovenberg and Niklas Figenschau Johansen. Background research was done by Sigurd Brekke with input from portfolio manager Arnab Seal.

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Transcript

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0:00.0	Hi everyone and welcome to our podcast in Good Company. I'm Nicola Tangen, the CEO of the Norwegian
0:06.5	Someone Wealth Fund. In this podcast, I talk to the leaders of some of the largest companies we are
0:11.3	invested in so that you can learn what we own and meet these impressive leaders. Today, I'm speaking to
0:16.7	Francois-Jacques-Ov, CEO of Ehrlichide. Eliquide is a French multinational company that sells industrial gases across the world.
0:24.6	They basically sell air.
0:26.4	We own 2.5% of Eiliquid, translating into 18 billion crowner or almost 2 billion US dollars.
0:32.7	How is it possible to sell air for 30 billion euros?
0:35.7	Stay tuned and find out.
0:46.0	Thank you. to sell air for 30 billion euros. Stay tuned and find out. Hello, Francois,
0:47.0	Hello, Nicola.
0:49.2	We're doing the interview in French,
0:50.5	well, we're a bit,
0:52.3	I think,
0:53.0	English is more?
0:54.6	I, well, I don't know.
0:58.0	Well, I'm really happy today to have Francois-Jacques, the CEO of this amazing French
1:03.3	company called Ehrlichide.
1:04.7	And it's been a company I've admired for a very long time and one of the finest
1:10.5	companies I think in the
1:11.5	world. So great pleasure to have you on. Well, thank you very much, Nicolai. Thank you for the
1:16.4	opportunity. It's great to be here today. So my first question is a bit of a kind of naive question.
1:24.2	How is it possible to make money out of thin air?
	...

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