Linde GmbH
Linde AG: Lincare, a Linde subsidiary, closes acquisition of American HomePatient
Lincare, a Linde subsidiary, closes acquisition of American HomePatient Munich, 2 February 2016 – Lincare Holdings Inc., a US subsidiary of the technology company The Linde Group, has successfully closed the acquisition of US company American HomePatient, Inc. The intent to acquire American HomePatient was announced in early December 2015. US regulatory authorities have issued all requisite approvals. The acquisition strengthens Linde’s growth in the promising homecare market and reinforces the company’s position as global leader in this area of healthcare services. American HomePatient will be recognised in the consolidated balance sheet as of 1 February 2016. American HomePatient is headquartered in Brentwood (Tennessee) and will be integrated into Lincare, expanding Lincare’s patient base well beyond the 1 million mark. In fiscal year 2014, American HomePatient generated revenue of around EUR 260 million (USD 280 million). The company employs approximately 2,700 people in 220 branches across 38 states and is mainly active in the eastern United States. The company specialises in respiratory therapies to serve the needs of patients with COPD (Chronic Obstructive Pulmonary Disease) and OSA (Obstructive Sleep Apnoea). The Linde Group For more information about The Linde Group, go to www.linde.com Lincare Holdings Inc. For more information, see Lincare Holdings Inc. online at: www.lincare.com Further information:
End of Media Release Issuer: Linde AG Key word(s): Enterprise
2016-02-02 Dissemination of a Press Release, transmitted by DGAP – a service of EQS Group AG. |
Language: | English | |
Company: | Linde AG | |
Klosterhofstraße 1 | ||
80331 München | ||
Germany | ||
Phone: | +49.89.35757-01 | |
Fax: | +49.89.35757-1075 | |
E-mail: | info@linde.com | |
Internet: | www.linde.de | |
ISIN: | DE0006483001 | |
WKN: | 648300 | |
Indices: | DAX | |
Listed: | Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Munich, Stuttgart; Regulated Unofficial Market in Hanover; Terminbörse EUREX; SIX | |
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