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Air Liquide to Buy Home Health-Care Firm in Spain

8:33 AM MDT | August 3, 2012

Air Liquide has agreed to acquire Gasmedi (Madrid), the third-biggest player in Spain’s home health-care sector. “This transaction would enable Air Liquide to gain full control of Gasmedi for an enterprise value of €330 million,” Air Liquide says. The proposed deal is expected to be completed in the fourth quarter of 2012. Gasmedi provides home health-care services to 125,000 patients across 14 of Spain’s 17 regions, Air Liquide says. The company had sales of €82 million ($101 million) in 2011. It specializes in home respiratory assistance, including...

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