SaudiArabiaPR.com, Online Press Release from Saudi Arabia,Riyadh, Jeddah, Dammam, Meccca and Medina
 
Healthcare(Healthcare & Medicine)
Filter PR by
  
Air Liquide enters Saudi Arabia's Home Healthcare market
Air Liquide enters Saudi Arabia's Home Healthcare market

With the acquisition of the respiratory division of Thimar Al Jazirah Company (TAC) in Saudi Arabia, Air Liquide enters the Home Healthcare market in the Kingdom, and expands its Healthcare activity in the Middle-East.

Dubai, UAE, January 3, 2018:  TAC is a leading actor in the pharmaceutical, medical and dental industries within the Kingdom of Saudi Arabia (KSA). Acquired through a majority equity stake (60%), the TAC Home Healthcare division specializes in the distribution of respiratory equipments and sleep disorder diagnosis services for patients suffering from respiratory conditions (sleep apnea, ventilation, chronic respiratory failure). TAC is the main player in the country in this field, serving over 1,400 patients at home throughout the country. The Home Healthcare division of TAC generated a revenue of over €5.5 million in 2016.

This acquisition reinforces the healthcare position of Air Liquide in the country, where it is already a supplier of medical gases to hospitals. It represents also the entry into a territory with high potential for Air Liquide's Home Healthcare activity. The acquired entity has joined VitalAire, Air Liquide’s global brand for Home Healthcare.

With a population of over 32 million, rising healthcare needs and a commitment from public authorities to improve the quality of healthcare services in the kingdom, the healthcare sector in KSA presents a strong potential with notably an increasing opening to foreign investors driven by the Saudi government’s 2030 Vision. 

Francois Jackow, member of the Air Liquide Group’s Executive Committee, supervising Healthcare activities, said: “With this acquisition, Air Liquide pursues the development of its activity in Saudi Arabia and expands its Healthcare business in the Middle-East. We are welcoming new TAC employees to Air Liquide’s operations and are looking forward to bringing high quality of service and first class innovations to patients in Saudi Arabia, as we do for more than 1.4 million patients around the world every day.” 

Posted by : Saudi Arabia,Riyadh, Jeddah, Dammam, Meccca and Medina PR Network Editorial Team
Viewed 13917 times
PR Category : Healthcare & Medicine
Posted on : Wednesday, January 3, 2018  3:59:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of SaudiArabiaPR.com.
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories

 
 
Most Viewed Press Release posted in the last 7 days
AIGNER FIRENZE: The Renaissance Collection [61832-Views]
Bottega Veneta Introduces L'absolu [51976-Views]
D1 Milano Launches Exlcusive Limited Edition Collection –The Khaleeji [49491-Views]
Michael Kors Dials Up the Glamour for Holiday 2018 [45641-Views]
Help Your Skin Survive This Halloween [44239-Views]
Twelve Holiday Gifts for the Beauty-Obsessed Woman [35588-Views]
Climax Mascara Never Fake It [33866-Views]
Discover the Secret to Younger-looking, Radiant Skin [32862-Views]
Brow Contour Pro 4-in-1 defining & highlighting brow pencil [32468-Views]
Halloween “Catwoman” mask using BROW products [32251-Views]
The World of Aigner Wunderkammer [30660-Views]
Inaugural Beautyworld Saudi Arabia 2018 approaches full capacity ahead of October debut in Jeddah [28602-Views]
Purely Pandora Classics With a Twist [20918-Views]
The FW18 Trend Report From Weill Paris [20775-Views]
Tryano Launches Elemis [17946-Views]
Michael Kors to Introduce a Special-edition Whitney Handbag for the Middle East [12320-Views]
Chloé Eyewear's Feminine Appeal Seen Through the Lens of the New “Rosie” Style [11812-Views]
Dyson Reveals the Future of Clean Homes. [11751-Views]
Welcome to the new Space Age [10172-Views]
Registration open for the 4th MITEF Saudi Startup Competition [7720-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories