Air Liquide has acquired two historic players in the home healthcare business further developing its activity in this sector and strengthening its presence in Europe.
Megamed AG has been present in the Swiss market for nearly 50 years, specialising in ventilation and support for patients who suffer from respiratory failure. Also based in Switzerland, Sleep & Health SA is a nationwide player that offers home healthcare services for patients who suffer from sleep apnea.
Present in Switzerland for many years via its subsidiary Carbagas, Air Liquide supplies the medical gas needs of both hospitals and patients at home. These two acquisitions reinforce and diversify its home healthcare offering and enable the Tier One corporation to directly serve more than 3,000 new patients.
François Jackow, member of the Air Liquide Group’s Executive Committee, supervising Healthcare activities, stated, “We are happy to welcome the teams from Sleep & Health and from Megamed to the Air Liquide Group. Their expertise and their knowledge of the Swiss market, combined with the expertise of Air Liquide, will allow us to better address the needs of patients and healthcare professionals alike.”
“With these acquisitions, Air Liquide is pursuing the development of its home healthcare business in the Swiss market, which shows high potential. These acquisitions, which strengthen our positioning in a growing European market, are consistent with our development strategy in the Health activity.”
Air Liquide its continuing its dynamic expansion of the home healthcare business across Europe by strengthening its positions or entering new markets and developing support for new diseases. The French company will build on the quality of Sleep & Health and Megamed’s existing teams to pursue the development of the two company’s business activities.