Air Liquide has completed the sale of its subsidiary Schülke & Mayr GmbH to global investment organisation EQT.
The French industrial gas giant said the total value of the transaction, which is subject to an earn-out provision, is between €925m and €1bn.
Air Liquide said the transaction illustrates the company’s strategy to review its business portfolio regularly and to focus on its core gases and healthcare businesses, thereby enhancing its performance.
... to continue reading you must be subscribed
