The Linde Group continues to invest in the growing homecare market through a recently announced agreement to acquire US company American HomePatient, Inc., based in Brentwood, Tennessee.
The deal is undertaken via subsidiary Lincare Holdings, itself acquired by Linde in 2012.
The acquisition will expand Lincare’s customer base to significantly more than 1,000,000 patients in the US. American HomePatient specialises in respiratory therapies to service the needs of patients with COPD (Chronic Obstructive Pulmonary Disease) and OSA (Obstructive Sleep Apnoea).
Completion of the acquisition of American HomePatient is subject to regulatory approval and other customary closing conditions, and is expected to close in first quarter 2016.
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