Air Liquide Announces the Divestiture of Some Activities in Africa
14 3월 2024 - 4:45PM
Business Wire
Regulatory News:
Air Liquide (Paris:AI) announces the divestiture to Adenia
Partners Ltd of the Group’s activities in twelve countries in
Africa representing a total annual sales of about 60 million
euros.
Air Liquide has signed an agreement with Adenia to sell its
activities in the following twelve countries in Africa: Benin,
Burkina Faso, Cameroon, Congo, Côte d'Ivoire, Gabon, Ghana,
Madagascar, Mali, Democratic Republic of Congo, Senegal and Togo.
These activities represent sales of about 60 million euros (less
than 10% of the Group’s sales in Africa).
The proposed divestiture, which is subject to the usual
regulatory and financial approvals, illustrates Air Liquide’s
strategy to actively manage its portfolio. Adenia, a recognized
investor in Africa for over 20 years, plans to invest up to 30
million euros to accelerate the development of these
businesses.
With approximately 1,600 employees in the region and 700 million
euros invested in the last 3 years, Air Liquide will remain a major
industrial and medical gases player in Africa where it will
continue 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20240314565605/en/
Corporate Communications media@airliquide.com
Investor Relations IRTeam@airliquide.com
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