Linde acquires homecare company Calea France SAS
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Linde acquires homecare company Calea France SAS
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* Annual revenue in 2011: EUR 28 m
* Will complement Linde's existing operations in the European homecare market
Munich, 17. December 2012 - The technology company The Linde Group has signed an
agreement to acquire the homecare company Calea France SAS (Sèvres, France).
Calea generated revenue in the 2011 financial year of EUR 28 m with around 200
employees. The transaction is expected to be completed at the beginning of 2013.
Calea will complement the European homecare operations acquired by Linde from
Air Products in spring. The acquisition will significantly improve Linde's
position on the French homecare market.
Homecare is the term applied to medical services relating to the treatment of
patients in settings other than hospitals. It comprises respiratory services
such as oxygen therapy, sleep therapy and ventilation services. In France,
Linde's portfolio also includes Infusion, Nutrition and Insulin Therapy.
Calea is Linde's third acquisition in 2012 in the promising healthcare business.
In April, the Group acquired Air Products' Continental European homecare
business and in August it concluded its purchase of the US homecare company
Lincare Inc.
Linde's pro-forma annual revenue in the healthcare product area is now around
EUR 3 bn, which makes it the largest supplier of medical gases and related
services in the world.
The Linde Group is a world-leading gases and engineering company with around
62,000 employees in more than 100 countries worldwide. In the 2011 financial
year, Linde generated revenue of EUR 13.787 bn. The strategy of the Group is
geared towards long-term profitable growth and focuses on the expansion of its
international business with forward-looking products and services. Linde acts
responsibly towards its shareholders, business partners, employees, society and
the environment - in every one of its business areas, regions and locations
across the globe. The Group is committed to technologies and products that unite
the goals of customer value and sustainable development.
For more information, see The Linde Group online at http://www.linde.com.
Further information:
Media Relations Investor Relations
Uwe Wolfinger Dr Dominik Heger
Telephone: +49.89.35757-1320 Telephone: +49.89.35757-1334
Matthias Dachwald Lisa Tilmann
Telephone: +49.89.35757-1333 Telephone: +49.89.35757-1328
Press Release as PDF:
http://hugin.info/125064/R/1665522/540393.pdf
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other applicable laws; and
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originality of the information contained therein.
Source: Linde AG via Thomson Reuters ONE
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