Air Liquide Completes the Divestiture of Some Activities in Africa
23 Juli 2024 - 5:45PM
Business Wire
Regulatory News:
In accordance with the agreement announced on March 14, 2024,
Air Liquide (Paris:AI) has now closed the sale to Adenia Partners
Ltd of the Group’s activities in twelve countries in
Africa1.
This transaction illustrates Air Liquide’s strategy to actively
manage its portfolio.
With approximately 1,600 employees in the region and 700 million
euros invested in the last three years, Air Liquide remains a major
industrial and medical gases player in Africa, where it continues
to pursue development opportunities, particularly in the fields of
energy transition, hydrogen and healthcare.
Air Liquide is a world leader in gases, technologies and
services for industry and healthcare. Present in 72 countries with
67,800 employees, the Group serves more than 4 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 Group’s
activities since its creation in 1902.
Taking action today while preparing the future is at the heart
of Air Liquide’s strategy. With ADVANCE, its strategic plan for
2025, Air Liquide is targeting a global performance, combining
financial and extra-financial dimensions. Positioned on new
markets, the Group benefits from major assets such as its business
model combining resilience and strength, its ability to innovate
and its technological expertise. The Group develops solutions
contributing to climate and the energy transition—particularly with
hydrogen—and takes action to progress in areas of healthcare,
digital and high technologies.
Air Liquide’s revenue amounted to more than 27.5 billion euros
in 2023. Air Liquide is listed on the Euronext Paris stock exchange
(compartment A) and belongs to the CAC 40, CAC 40 ESG, EURO STOXX
50, FTSE4Good and DJSI Europe indexes.
1 Benin, Burkina Faso, Cameroon, Congo, Côte d'Ivoire, Gabon,
Ghana, Madagascar, Mali, Democratic Republic of Congo, Senegal and
Togo
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version on businesswire.com: https://www.businesswire.com/news/home/20240723603846/en/
Corporate Communications media@airliquide.com
Investor Relations IRTeam@airliquide.com
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