Air Liquide recently announced the sale of its entities in Greece to SOL Group. This transaction includes Air Liquide Hellas (ALH) and Vitalaire Hellas entities.
As part of the divestiture, the existing assets of Air Liquide in Greece have been transferred to SOL. Air Liquide’s 104 employees in the country are now SOL employees.
The divestment illustrates Air Liquide’s strategy to review its asset portfolio regularly and focus its expansion in key industrial regions in order to increase its geographic density and therefore enhance performance.
Air Liquide’s revenue amounted to more than 20 billion euros in 2020.