Air Liquide completes the divestiture of schülke

In accordance with its announcement on April 7, 2020, Air Liquide has closed the sale of its subsidiary schülke to EQT, a global investment organization. The total value of the transaction, which is subject to an earn-out provision, is between 925 million euros and 1.0 billion euros.

This transaction illustrates Air Liquide’s strategy to review its business portfolio regularly and to focus on its core gases and healthcare businesses, thereby enhancing Air Liquide’s performance.

Air Liquide intends to continue to develop its healthcare activities, while providing Schülke & Mayr GmbH with the best opportunity for its long-term development.