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Air Liquide expands its health-care offering with BiotechMarine acquisition

7:32 AM MST | January 8, 2013 | Francinia Protti-Alvarez

Air Liquide has announced the conclusion of its acquisition of BiotechMarine (Pontrieux, France) by its health-care subsidiary Seppic. Financial details of the transaction were not disclosed.   BiotechMarine, founded in 1988, specializes in the in research and marketing of seaweed and plant bioactive natural substances used in the cosmetics industry. The company employs 35 people and had revenues of under €10 million ($13 million) in 2012, with over 60% deriving from international sales.   This acquisition is the latest in a series of...

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