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Air Liquide completes divestment of activities in 12 African countries to Adenia Partners; the deal involves 1,600 employees and €700M invested in the last three years

July 23, 2024 (press release) –

In accordance with the agreement announced on March 14, 2024, Air Liquide has now closed the sale to Adenia Partners Ltd of the Group’s activities in twelve countries in Africa[1].

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.

Footnotes

[1] Benin, Burkina Faso, Cameroon, Congo, Côte d'Ivoire, Gabon, Ghana, Madagascar, Mali, Democratic Republic of Congo, Senegal and Togo

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