Sector News

Air Liquide in talks about possible sale of Aqua Lung

September 8, 2016
Chemical Value Chain

Air Liquide, which regularly reviews its business portfolio, confirms that it is evaluating the opportunity to potentially divest Aqua Lung, a major player in personal aquatic equipment for recreational and professional use, in order to best support Aqua Lung’s next phase of growth and enable it to deliver on its strategic roadmap.

Air Liquide is focused on its Gas & Services activities following the Group’s acquisition of Airgas, as well as on the implementation of its company program NEOS for the 2016-2020 period.

There can be no assurances that any of these discussions will result in an agreement or that a transaction will be completed. The Group has no further information to share at this time.

Source: Air Liquide

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