Air Liquide announcesacquisition ADEP Assistance in healthcare

Air Liquide announces the acquisition ADEP Assistance in healthcare

12:18 PM, 9th June 2011
Air Liquide announces the acquisition ADEP Assistance in healthcare

PARIS, FRANCE: Ageing population and the rise of chronic diseases, both major public health challenges, lead to the development of homecare. The market for home respiratory assistance in Europe alone amounts to over € 2 billion. Seeing growth potential in this area, Air Liquide, recently announced the acquisition of ADEP Assistance, a specialist in home respiratory healthcare, in France.

 

Created more than forty years ago for polio sufferers and the disabled (ADEP), ADEP Assistance takes care of nearly 13,000 chronic patients in the regions of Ile de France and Picardie, with a qualified multidisciplinary team of 140 employees. It reached a turnover of € 21 million in 2009.

 

“Our business of home healthcare provider in France is strengthened by this acquisition which complements our service offering. ADEP Assistance will now be able to rely on the resources of the Healthcare operations of the Air Liquide Group to continue its development at the service of patients. Also health is one of Air Liquide’s growth drivers,” said Pascal Vinet, VP, Healthcare World Business Line and Operations, Air Liquide Group.

© Air Liquide News

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