First healthcare acquisition in India for Air Liquide


Air Liquide, through its subsidiary Taema, has acquired Electrocare Systems and made its first healthcare acquisition in India – a Chennai-based company specialising in medical equipment for respiratory care.

India, as a colossal Asian market and country with a population of over one billion, is experiencing rapid growth in its health needs. Through the deal, the French gases giant will gain a foothold in this expansive market.

Based in Chennai (Madras), in the south of India, Electrocare manufactures respirators for intensive care and anaesthesia, as well as medical air generators. The company is also a distributor-partner of Taema, an Air Liquide subsidiary that specialises in such medical equipment.

As well as complementing the operations of Taema, the acquisition gives Air Liquide access to leading-edge expertise in India and provides a solid basis for the continuing development of its respiratory activities (medical gases and homecare) in the country, both in hospitals and in the home.

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