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Air Liquide, the French specialist in gases, technologies and services for industry and health, has sold its Greek healthcare portfolio to SOL Group. This transaction includes Air Liquide Hellas (ALH) and Vitalaire Hellas entities and Air Liquide’s 104 employees in the country are now SOL employees. Financial terms have not been disclosed. Air Liquide Hellas…
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Adrian Murdoch has more than 25 years’ experience as an international journalist. He started his career at World Link, the magazine of the World Economic Forum. He covered debt capital markets for Reuters in Singapore throughout the Asian Financial Crisis, and then the European Central Bank in Frankfurt. As a freelancer he has worked for Forbes, The Wall Street Journal, Euromoney, the Scotsman and the BBC. The author of a number of books on the classical world, Adrian has written and presented documentaries for Netflix, the History Channel and PBS. He
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Air Liquide sells Greece-based assets to SOL Group
By Mary Page Bailey |
February 17, 2021
Air Liquide SA (Paris, France) announced the sale of its entities in Greece to Italian multinational corporation SOL Group. This transaction includes Air Liquide Hellas (ALH) and Vitalaire Hellas entities.
As part of the divestiture, the existing assets of Air Liquide in Greece have been transferred to SOL. Air Liquide’s 104 employees in the country are now SOL employees.
The divestment illustrates Air Liquide’s strategy to review its asset portfolio regularly and focus its expansion in key industrial regions in order to increase its geographic density and therefore enhance performance.
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