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Air Liquide SA Plans Sale of Its Stake in Anios

Wednesday, 9 Oct 2013 02:30am EDT 

Air Liquide SA announced that it plans to sell its stake in Laboratoires Anios, a company that specializes in disinfectant and antiseptic products, in order to refocus the development of its hygiene business on Schulke, a company it wholly owns. In connection with this planned sale, Air Liquide SA also indicates that it has received a firm offer from a consortium composed of the Letartre family, founder of Laboratoires Anios and currently a minority shareholder, and the investment firm Ardian (formerly AXA Private Equity). Air Liquide SA will respond to this offer at the end of the instruction and consultation process with relevant trade union representatives of personnel affected by the sale. The financial terms of the offer were not disclosed. 

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