Air Liquide has announced that it plans to sell its stake in Laboratoires Anios, a specialist in disinfectant and antiseptic products, in order to refocus the development of its hygiene business on wholly-owned company Schülke.
In connection with this planned sale, Air Liquide has also indicated that it has received a firm offer from a consortium composed of the Letartre family, founder of Laboratoires Anios and currently a minority shareholder, and the investment firm Ardian.
Air Liquide will respond to this offer at the end of the instruction and consultation process with relevant trade union representatives of personnel affected by the sale.
The transaction will be subject to the approval of the French competition authority.
Focus on hygiene
Schülke is a hygiene specialist, developing and selling disinfectant, antiseptic and cleaning products, with a particular focus on hospitals and doctor’s offices, and industrial preservatives.
Founded in Germany in 1889, the company was acquired by Air Liquide in 1996.
Schülke has approximately 700 employees and its revenues totaled close to €200m in 2012, 60% generated abroad.