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Air Liquide Acquires Netherlands-Based Medidis to Strengthen Presence in Europe
Friday 14 June 2019

14 June 2019 - France-based Home healthcare provider Air Liquide (PAR: AI) has acquired Netherlands-based home healthcare support provider Medidis to strengthen presence in Europe's home healthcare market, the company said.
Terms of the transaction were not disclosed.
This acquisition both reinforces and diversifies Air Liquide's existing healthcare offering and allows the Group to directly serve more than 26,000 additional patients in this country. Air Liquide will work with the existing teams to pursue the development of these businesses.
Already present in the Netherlands, Air Liquide will be able to leverage the complementarity of Medidis in both geographic and therapeutic terms. Concerning home healthcare, this acquisition will reinforce the group's position in the support of patients who suffer from respiratory failure.
Moreover, it will increase its customer base with healthcare professionals who work outside the hospital (such as medical homes or ambulances).
Air Liquide will also benefit from Medidis' established relationships with doctors, hospitals, and insurers in new regions and from an increased production capacity, which will allow the Group to further develop healthcare activities in the Netherlands.
Air Liquide Healthcare supplies medical gases, home healthcare services, hygiene products, medical equipment and speciality ingredients. In 2018, it served over 15,000 hospitals and clinics and more than 1.6m patients at home throughout the world.
Medidis is a nationwide player that provides home healthcare support for patients suffering from respiratory failure and sleep apnea. Medidis supplies medical oxygen to patients being treated at home as well as those receiving care in assisted living facilities and to healthcare professionals who work outside the hospital setting. It also operates a medical oxygen production facility.
Date Published: 14/06/2019
Target: Medidis
Country: Netherlands
Sector: Healthcare
Type: Corporate acquisition
Status: Agreed
Buyer: Air Liquide
Terms of the deal were not disclosed