Air Liquide sells Sudac Air Service to Veolia

Sudac Air Service, a subsidiary of Air Liquide, specializes in compressed air solutions for French mid-market industrial groups operating in various sectors including Aerospace, Food & Agri, Specialty Chemicals, Healthcare, and Metal Industry. Sudac Air Service offers a complete range of compressed air services from engineering, procurement, commissioning & maintenance as well as an on-site compressed air supply. 
Headquartered in Paris, Air Liquide is listed on the Euronext Paris stock exchange, Air Liquide is present in 80 countries with approximately 67,000 employees, serves more than 3.7 million customers and patients, and reports revenues of over EUR 20bn.
The acquisition of Sudac Air Service will enrich Veolia’s technical services offering – operated under the Veolia Industries Global Solutions division in France. Veolia Industries Global Solutions generates annual revenues of c. EUR 500M and employs 3,000+ employees in France.
Capitalmind has assisted Air Liquide corporate M&A team and Sudac management team in managing the disposal process, from advising transaction strategy, defining deal tactics, qualifying most relevant buyers for the business, and organizing a competitive bid up to closing.
This deal illustrates Capitalmind’s know-how in supporting large corporates on their disposal projects and its expertise in the Industrial Services sector.
Previous articleFeatured Story – Tata Steel’s industrial water project award
Next articleGEMÜ F60 servoDrive for fast and precise filling