M&A Deal Summary

L Air Liquide Acquires Gasmedi S.A.

On September 24, 2012, L Air Liquide acquired healthcare services company Gasmedi S.A. from Alantra Private Equity and Oquendo Capital for 330M EUR

Acquisition Highlights
  • This is L Air Liquide’s 1st transaction in the Healthcare Services sector.
  • This is L Air Liquide’s largest (disclosed) transaction.
  • This is L Air Liquide’s 1st transaction in Spain.

M&A Deal Summary

Date 2012-09-24
Target Gasmedi S.A.
Sector Healthcare Services
Buyer(s) L Air Liquide
Sellers(s) Alantra Private Equity
Oquendo Capital
Deal Type Add-on Acquisition
Deal Value 330M EUR

Target

Gasmedi S.A.

Madrid, Spain
Gasmedi S.A. is an independent provider of Respiratory Home Therapies (RHT) and medical gases to hospitals in Spain.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

L Air Liquide

Paris, France

Category Company
Founded 1902
Sector Chemicals
Employees66,500
Revenue 27.1B EUR (2024)
DESCRIPTION
Air Liquide office in Houston, Texas.
Air Liquide office in Houston, Texas.

L'Air Liquide is a global provider of gases. Products include oxygen, nitrogen, hydrogen and specialty gases. L'Air Liquide was formed in 1902 and is based Paris, France.


DEAL STATS #
Overall 12 of 32
Sector: Healthcare Services M&A 1 of 8
Type: Add-on Acquisition M&A Deals 12 of 29
Country: Spain M&A 1 of 2
Year: 2012 M&A 1 of 2
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-07-29 Lion Copolymer Geismar Services

Geismar, Louisiana, United States

Lion Copolymer Geismar Services LLC is an industrial utilities provider.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-27 Lentechgas ZAO

Saint Petersburg, Russia

Lentechgas ZAO is a provider in the North-West with significant market share in bulk and packaged industrial gases and a strong position in healthcare.

Buy -

Seller(S) 2

SELLER

Alantra Private Equity

Madrid, Spain

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1986
PE ASSETS 800M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Alantra Private Equity is a private equity firm focused on mid-sized buyout investments in Spain and Portugal. Thematic Investment approach focused in 4 sectors Food & Nutrition, Health & Wellness, Industry and TMT. Alantra Private Equity was formed in 1986 and is based in Madrid.


DEAL STATS #
Overall 21 of 40
Sector: Healthcare Services M&A 3 of 5
Type: Add-on Acquisition M&A Deals 7 of 16
Country: Spain M&A 18 of 36
Year: 2012 M&A 4 of 4
Size (of disclosed) 4 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-27 ZIV Aplicaciones Y Tecnologia SL

Bizkaia, Spain

ZIV is one of the leading manufacturers, distributors and installers of safety, control, metering and telecommunications products for power utilities. ZIV’s products are critical to the proper functioning of substations and electricity networks.

Sell €150M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-29 Secuoya

Tres Cantos, Spain

Secuoya is a communications company operating through the audiovisual business value chain with three main business lines, Audiovisual services: provides technical and human resources for TV broadcasters and production companies. Content: production of all content formats for TV broadcasters. Marketing & Digital: Help clients in their corporate communication, from the design to the distribution in “traditional” or digital media. Secuoya is based in Tres Cantos, Spain.

Buy -
SELLER

Oquendo Capital

Madrid, Spain

Investor Investor Investor Investor Investor


Category Mezzanine Finance Firm
Founded 2007
PE ASSETS 407M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Oquendo Capital is a Spanish mezzanine finance firm offering subordinated debt to help support leveraged buyouts, balance sheet restructurings, and company expansions. Oquendo looks to fund businesses with low cyclicality, recurring revenues, market leadership, experienced management, and low capital requirements. The Firm's target investment size is €5 to €10 million. Oquendo Capital was formed in 2007 and is based in Madrid.


DEAL STATS #
Overall 3 of 7
Sector: Healthcare Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
Country: Spain M&A 3 of 7
Year: 2012 M&A 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-26 Orliman S.L.

Valencia, Spain

Orliman, S.L. is a medical device company. Company makes and distributes devices that support patients’ lower limbs and torsos. Orliman undertakes the development and series production of orthopedic products, spearheading future recovery of mobility and rehabilitation, preventive healthcare and functional improvement.

Buy €16M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-01 Monbus

Lugo, Spain

Monbus is a private bus operator with services across Spain. Monbus owns a large and modern fleet of buses and luxury private cars that provides extensive range of Regular Transport and Private Transport services. Monbus customer can also hire those vehicles based on their requirements, by using Renting and similars, organization of conferences, and health - leisure cultural activities. Monbus was founded in 1972 and is based in Lugo, Spain.

Buy -