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The Navigator Company S.A. operates in the pulp and paper industry, primarily focused on the production and sale of paper, pulp, and tissue products. The company's portfolio includes premium copy paper, specialty products, and tissue paper, serving a variety of applications from office to home use. Founded in 1953, Navigator is headquartered in Setúbal, Portugal, and has a global operational footprint with sales in multiple international markets. Its strategic positioning is reinforced by its commitment to sustainable practices and vertical integration, enabling it to control the production process from raw materials to the finished product. The company leverages advanced manufacturing technologies and a robust supply chain system to enhance operational efficiency.

Linde is the largest industrial gas supplier in the world, with operations in over 100 countries. The firm's main products are atmospheric gases (including oxygen, nitrogen, and argon) and process gases (including hydrogen, carbon dioxide, and helium), as well as equipment used in industrial gas production. Linde serves a wide variety of end markets, including chemicals, manufacturing, healthcare, and steelmaking. Linde generated approximately $34 billion in revenue in 2025.