Adenia Partners completes acquisition of Air Liquide's African operations
Effective immediately, Erium will replace the Air Liquide brand.
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Adenia Partners has completed the acquisition of Air Liquide's operations in 12 African countries, giving birth to Erium, pitched as a pan-African leader in industrial and medical gasses.
Effective immediately, Erium will replace the Air Liquide brand in Benin, Burkina Faso, Cameroon, Congo, Côte d’Ivoire, Gabon, Ghana, Madagascar, Mali, the Democratic Republic of Congo, Senegal, and Togo.
The acquisition, which was first announced in March, formally closed on 22 July. It marks the latest in a series of controlling-stake deals and acquisitions by Adenia.
“The birth of Erium is remarkable in more ways than one. It is the culmination of an acquisition project by an African entity from an international actor; a large-scale project covering a vast geographical area and involving activities essential to the development of the continent,” said Christophe Scalbert, partner at Adenia. “Above all, though, it is the beginning of an exciting future due to the growth prospects it offers; growth that we are committed to fully supporting for the benefit of employees, customers, and the local economic fabric.”
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