Linde Boosts European Home Care Business In $749M Buy

Law360, New York (January 9, 2012, 5:01 PM EST) -- German industrial gas and engineering company Linde AG will acquire Air Products and Chemicals Inc.'s continental Europe home care business for $749 million to enhance its position in the European respiratory home care business, the company announced Monday.

The deal covers the home care operations of the Allentown, Pa.-headquartered industrial gas company in Belgium, France, Germany, Portugal and Spain, which generated about $267 million in revenue last year, according to the companies. The 260,000 patients served by those operations receive respiratory services such as oxygen therapy,...
To view the full article, register now.