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SOL acquires Air Liquide Hellas, strengthening its position in the Greek market


The acquisition will strengthen the position of SOL Group in Greece and will give significant synergies to SOL in the whole South Eastern European Regional platform.

Monza, Paris, Athens, 16th day of February, 2021 – SOL Group – one of the leading European players in the production of technical, pure, medicinal gases and in respiratory homecare – announces the closing of the acquisition of the 99.78% share of “Air Liquide Hellas” from Air Liquide. Air Liquide Hellas is one of the leaders in the Greek technical and medical gases market and it also controls 100% of the share capital of “Vitalaire Healthcare Hellas” that operates in the Greek home care market.

Established in 1909, Air Liquide Hellas and its controlled subsidiary Vitalaire Healthcare Hellas (herein together referred to as ALH), is a leading player in the merchant technical gases and home care markets in Greece. SOL Group is already present in the Greek market through its subsidiaries: SOL Hellas and VIVISOL Hellas which operate since many years respectively in the technical gases market and in the home care market.

More details in the Press Release.