Air Liquide announces homecare acquisition in France


Air Liquide is acquiring ARAIR Assistance, which generated revenue of €34m in 2013, as well as ARAIR Group’s support and training services.

The group Le Noble Age, a family-held business that manages nearly 60 healthcare and medical-social facilities in France, including two home hospitalisation facilities, is acquiring the ARAIR Group’s home hospitalisation business.

All of the ARAIR Group’s business units were placed in receivership on 22 and 29 July, 2014. The Commercial Court of Tours, which had received several offers from interested buyers, issued a ruling on 11th December 2014 in favour of the joint acquisition proposal submitted by Air Liquide and Le Noble Age.

The ARAIR Group was founded in 1977 by anaesthesiologists and intensive care doctors of the University Hospital (CHU – Centre Hospitalier Universitaire) of Tours to take care of the home medical treatment of patients with severe respiratory disorders.

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