Linde acquires homecare company Calea France SAS
MUNICH, GERMANY -- (Marketwire) -- 12/17/12 -- Linde AG / Linde
acquires homecare company Calea France SAS . Processed and
transmitted by Thomson Reuters ONE. The issuer is solely responsible
for the content of this announcement.
* Annual revenue in 2011: EUR 28 m
* Will complement Linde's existing operations in the European
The technology company The Linde Group has signed an agreement to
acquire the homecare company Calea France SAS (Sevres, France).
generated revenue in the 2011 financial year of EUR 28 m with around
employees. The transaction is expected to be completed at the
beginning of 2013.
Calea will complement the European homecare operations acquired by
Air Products in spring. The acquisition will significantly
improve Linde's position on the French homecare market.
Homecare is the term applied to medical services relating to the
patients in settings other than hospitals. It comprises
such as oxygen therapy, sleep therapy and
ventilation services. In France, Linde's portfolio also includes
Infusion, Nutrition and Insulin Therapy.
Calea is Linde's third acquisition in 2012 in the promising
In April, the Group acquired Air Products'
Continental European homecare business and in August it concluded its
purchase of the US homecare company Lincare Inc.
Linde's pro-forma annual revenue in the healthcare product area is
EUR 3 bn, which makes it the largest supplier of medical
gases and related services in the world.
The Linde Group is a world-leading gases and engineering company with
62,000 employees in more than 100 countries worldwide. In the
year, Linde generated revenue of EUR 13.787 bn. The
strategy of the Group is
geared towards long-term profitable growth
and focuses on the expansion of its
international business with
forward-looking products and services. Linde acts
its shareholders, business partners, employees, society and
environment - in every one of its business areas, regions and
locations across the globe. The Group is committed to technologies and
products that unite
the goals of customer value and sustainable
For more information, see The Linde Group online at
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Source: Linde AG via Thomson Reuters ONE
Dr Dominik Heger
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