Air Liquide SA said Tuesday that it acquired two health care companies in Switzerland.
The French company said it acquired both Sleep & Health SA and Megamed AG although no financial details were disclosed.
Air Liquide said the acquisitions strengthen its presence in Europe.
Sleep & Health offers home healthcare services for patients with sleep apnea and Megamed specializes in ventilation and support for patients who suffer from respiratory failure.
By Anthony Shevlin
BASF will build a commercial scale battery recycling black mass plant in Schwarzheide, Germany. This investment strengthens BASF’s cathode active materials (CAM) production and recycling hub in Schwarzheide. The site is an ideal location for the build-up of battery recycling activities given the presence of many EV car manufacturers and cell producers in Central Europe.
Clariant says it is reducing its number of businesses from five to three, by merging units, under a reorganization that is in line with the company’s purpose-led strategy and cultural transformation. The moves will position Clariant for long-term sustainable growth, the company says.
Chemicals & plastics industry has the most diversified end-use market across all manufacturing industries. The industry returned to growth in 2021 but a supply chain crunch prevented it from becoming stronger. The market is likely to stabilize in the second half of 2022 with a supply-demand balance.