How many acquisitions has Air Liquide made so far?

Air Liquide has completed 21 acquisitions so far, with an average acquisition amount of $3.58B.

Which countries does Air Liquide usually acquire in?

Air Liquide has made acquisitions in 12 countries with the most activity in United States and France.

In which year did Air Liquide make the most acquisitions?

Air Liquide was most active in 2019, with 5 acquisitions completed in that year.

List of 21 Acquisitions by Air Liquide (May 2026)

Q: Which is Air Liquide's latest acquisition?

Air Liquide's most recent acquisition is NovaAir, a Provider of industrial gas supply and on-site gas management solutions, acquired in October 2025.

Most viewed in 2019

Air Liquide has made a total of 21 acquisitions. Peak acquisition activity occurred in 2019 with 5, 2025 with 2, and 2021 with 1. These acquisitions have spanned 12 countries, notably including United States (5), France (4), and Spain (2), and involved 11 sectors, with significant activity in Home Healthcare (2), Services for Healthcare Providers (2), and Smart Cities (1). Over the last five years (2020–2025), the average number of acquisitions per year has been 0.6, with 0 acquisitions completed in the current calendar year. The most recent acquisition was NovaAir, an India-based provider of industrial gas supply and on-site gas management solutions, completed in October 2025.

Here's the year on year acquisition history of Air Liquide:

Number of Total Acquisitions

Year	# Acquisitions
2025	2
2021	1
2020	1
2019	5
2018	1
2017	1
2016	1
2015	1
2014	1
2013	1
2012	1
2010	1
2007	1
2001	1
2000	1
1996	1

View all Acquisitions by Air Liquide

Recent acquisitions by Air Liquide

Air Liquide's most recent acquisition - NovaAir is a Provider of industrial gas supply and on-site gas management solutions. Air Liquide acquired it in October 2025 for a price of $*****.

Here is the list of all acquisitions by Air Liquide sorted by the latest acquisition date:

Acquired on	Acquired Company	Acquisition Price	Facilitators	Stake Acquired	Acquisition Multiple
Oct 27, 2025	NovaAir	dpse	ozti	48	551
Aug 22, 2025	Dig Airgas	temu	dsho	50	906
Oct 07, 2021	BetaMed	nprj	{jll	83	524
Sep 24, 2020	Cryoconcept	zlzk	ujee	59	418
Oct 31, 2019	SIG	{wcc	wege	98	965