AIR LIQUIDE MEDICAL SYSTEMS
Air Liquide Medical Systems is the subsidiary of Air Liquide Healthcare that is dedicated to Medical Devices.
The company develops, manufactures and sells innovative products in three fields: ventilation (ventilators and patient interfaces for intensive care, emergency care, transport, home), equipments for medical gases and aerosol therapy.
Air Liquide Medical Systems was created in 2009 from Taema (France), Markos Mefar (Italy) and Electrocare Systems & Services (India) Air Liquide Medical Systems S.A.. (formerly Taema) was a department of Air Liquide in 1975 and became a subsidiary in 1989.
It first started developing and manufacturing equipments designed to distribute and supply medical gases in hospitals, before straightening its way to equipments for respiratory medicine.
Air Liquide Medical Systems S.p.A. (formerly Markos Mefar) is the result of the merge between Markos and Mefar, two Italian firms that were respectively bought out in 1996 and 2000.
Since 1970, efforts in research and expertise in the respiratory field have allowed the company to stand out as a leader on the Italian market for aerosol therapy devices.
Its products are designed for the treatment of pathologies that affect the lower and higher respiratory tract.
Air Liquide Medical Systems Pvt. Ltd. (formerly Electrocare Systems & Services) was founded in 1981 and acquired by Air Liquide in 2008.
Based in Chennai (Madras), the company manufactures ventilators for intensive care and anesthesia. It also ensures the distribution and after-sale service of Air Liquide Medical Systems products in India, through a network that covers the whole country.
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The world leader in gases, technologies and services for Industry and Health, Air Liquide is present in 80 countries with approximately 68,000 employees and serves more than 3 million customers and patients.*
Oxygen, nitrogen and hydrogen have been at the core of the companys activities since its creation in 1902.
Air Liquides ambition is to be the leader in its industry, delivering long-term performance and acting responsibly. Air Liquide ideas create value over the long term. At the core of the companys development are the commitment and constant inventiveness of its people.
Air Liquide anticipates the challenges of its markets, invests locally and globally, and delivers high-quality solutions to its customers and patients, and the scientific community.
The company relies on competitiveness in its operations, targeted investments in growing markets and innovation to deliver profitable growth over the long-term.
Air Liquides revenues amounted to €16.4 billion in 2015, and its solutions that protect life and the environment represented more than 40% of sales. On 23 May 2016, Air Liquide completed its acquisition of Airgas, which had revenues amounting to $5.3 billion (around €4.8 billion) for the fiscal year ending 31 March 2016.
Air Liquide is listed on the Paris Euronext stock exchange (compartment A) and is a member of the CAC 40 and Dow Jones Euro Stoxx 50 indexes.
* Following the acquisition of Airgas on 23 May 2016