Air Liquide: Closing of the divestiture of CRYOPDP to Hivest Capital Partners
30 Juillet 2020 - 6:15PM
Dow Jones News
Regulatory News:
In accordance with the agreement initially announced on March 2,
2020, Air Liquide (Paris:AI) has now closed the sale of its
subsidiary CRYOPDP to French private equity firm Hivest Capital
Partners.
This decision illustrates Air Liquide's strategy to regularly
review its asset portfolio in order to focus on key businesses and
geographies so as to maximize its performances.
CRYOPDP One of the top leaders in its field, CRYOPDP aims to improve the
health of people around the world by providing global innovative
temperature-controlled logistics solutions to the Clinical Research and Cell &
Gene Therapy Communities. With headquarters in France, CRYOPDP has more than
250 employees in 12 countries and operates in more than 150 countries.
A world leader in gases, technologies and services for Industry
and Health, Air Liquide is present in 80 countries with
approximately 67,000 employees and serves more than 3.7 million
customers and patients. Oxygen, nitrogen and hydrogen are essential
small molecules for life, matter and energy. They embody Air
Liquide's scientific territory and have been at the core of the
company's activities since its creation in 1902.
Air Liquide's ambition is to be a leader in its industry,
deliver long term performance and contribute to sustainability. The
company's customer-centric transformation strategy aims at
profitable, regular and responsible growth over the long term. It
relies on operational excellence, selective investments, open
innovation and a network organization implemented by the Group
worldwide. Through the commitment and inventiveness of its people,
Air Liquide leverages energy and environment transition, changes in
healthcare and digitization, and delivers greater value to all its
stakeholders.
Air Liquide's revenue amounted to 22 billion euros in 2019 and
its solutions that protect life and the environment represented
more than 40% of sales. Air Liquide is listed on the Euronext Paris
stock exchange (compartment A) and belongs to the CAC 40, EURO
STOXX 50 and FTSE4Good indexes.
www.airliquide.com
Follow us on Twitter @airliquidegroup
View source version on businesswire.com:
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CONTACT: Corporate Communications
media@airliquide.com
Investor Relations
IRTeam@airliquide.com
SOURCE: Air Liquide
Copyright Business Wire 2020
(END) Dow Jones Newswires
July 30, 2020 12:00 ET (16:00 GMT)
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