With the acquisition of the respiratory division of Thimar Al Jazirah Company (TAC) in Saudi Arabia, Air Liquide has entered the home healthcare market in the Kingdom, and expanded its healthcare activity in the Middle East.
Acquired through a majority equity stake (60%), the TAC Home Healthcare division specialises in the distribution of respiratory equipment and sleep disorder diagnosis services for patients suffering from respiratory conditions.
A press release said TAC is the main player in this field in Saudi Arabia, serving more than 1,400 patients at home throughout the country.
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