Air Liquide

Air Liquide is a leading global industrial gas company headquartered in Paris, founded in 1902. The company provides a wide range of gas solutions and technologies to over 3.8 million customers across various industries, including healthcare, chemicals, energy, food and beverage, and electronics. With a workforce of approximately 65,000 employees, Air Liquide generates significant revenue by supplying industrial and specialty gases, energy solutions, application technologies, and services. Its diverse product offerings are tailored to meet the specific needs of different sectors, ensuring effective support throughout the production process.

Armelle Levieux

VP Innovation, Electronics and H2

51 past transactions

H2 MOBILITY

Venture Round in 2022
Operator of a chain of hydrogen refueling station networks for fuel cell vehicles. The company develops hydrogen infrastructure to supply cars with fuel cell drives as well as offers hydrogen fuel and fuel cards, thereby enabling car owners to reduce emissions in Germany.

Medidis

Acquisition in 2019
Medidis BV, established in 1991 and located in Lelystad, the Netherlands, specializes in home healthcare support services for patients with respiratory failure and sleep apnea. The company operates nationally, supplying medical oxygen to patients in their homes, as well as to those in assisted living facilities. In addition to serving patients, Medidis also provides support to healthcare professionals working outside of hospital environments. As of June 2019, Medidis BV functions as a subsidiary of L'Air Liquide S.A.

DiaLibre

Acquisition in 2019
DiaLibre is a startup that specializes in diabetes care. DiaLibre connects experts - doctors, nurses, dieticians, psychologists - with patients in order to offer improved daily support.

FirstElement Fuel

Corporate Round in 2019
FirstElement Fuel, Inc. produces hydrogen for fuel cell electric vehicles. It serves customers through its hydrogen retail stations in California. The company sells its products under True Zero brand name. FirstElement Fuel, Inc. was founded in 2013 and is based in Irvine, California.

Megamed AG

Acquisition in 2019
Megamed AG is a Swiss company based in Cham that specializes in the development and manufacturing of artificial respiratory devices, anesthesia monitors, and pulmonary function meters. It focuses on providing ventilation and support for patients experiencing respiratory failure, particularly in the context of home care. The company is dedicated to assisting healthcare professionals, including doctors and nurses, in delivering effective anesthesia and intensive care solutions. Megamed AG is managed by Andreas Gürtler, who leads the company in its second generation of operations.

Eove

Acquisition in 2018
Eove focuses on the design and manufacture of ventilators for home-based patients with chronic respiratory failure. The company has developed a connected portable ventilator that prioritizes patient mobility while also supporting healthcare providers in their practices. Eove's ventilators are characterized by their compact size and advanced connectivity features, allowing for the effective implementation of various therapeutic strategies. By offering innovative and reliable medical devices, Eove aims to enhance the quality of care for patients requiring respiratory support.

Sogo Sangyo Kabushiki Kaisha

Acquisition in 2017
Sogo Sangyo Kabushiki Kaisha is specialized in the medical gases field serving more than 2,000 hospitals and clinics and home treatment for patients suffering from respiratory diseases including: sleep apnea, Chronic Obstructive Pulmonary Disease and chronic respiratory failure.

Cryotainer BV

Acquisition in 2017
Cryotainer provides customised services for ad’hoc industrial operations that require N2 supply in logistically challenging situations.

ENN Clean Energy UK

Acquisition in 2017
ENN Clean Energy’s natural gas stations in Wellington

OXYMASTER

Acquisition in 2017
As of January 24, 2017, Oxymaster S.A provides home oxygen therapy and sleep therapy services. The company is based in Bogotá, Colombia. The company operates as a subsidiary of Air Liquide SA.

Inpria

Venture Round in 2016
Inpria Corporation, founded in 2007 and based in Corvallis, Oregon, specializes in the design, development, and manufacture of EUV metal oxide photoresists. The company is recognized as a pioneer in extending semiconductor lithography by utilizing inorganic photoresists and thin films for nanoscale patterning. Inpria’s innovative photo-condensed molecular oxides allow for the direct deposition of atomically smooth and dense metal oxide films from a solution, which can be photopatterned. This technology enhances performance while simplifying processing, supporting advancements in EUV lithography and addressing the growing demands of the semiconductor industry.

Startup Hearten

Seed Round in 2016
Our simple and effective approach ensures the outcome we deliver will fully meet your specific requirements in a cost effective yet scalable manner, which reduces risk. Aligned to Customer Success, we identify the outcome to achieve and deliver it. With over 30 years of Collaboration experience let us help you with a new deployment or optimizing an existing collaboration platform, we can help you get to where you need to be. We use a five phased approach which involves reviewing and assessing your current operations, identifying improvement opportunities, creating a solution that meets your business' short and long term goals followed by a deployment of the solution in a timely manner, packaged with ongoing support and services customized to your needs and specifications.

Airgas

Acquisition in 2015
Airgas, Inc., based in Radnor Township, Pennsylvania, is the largest distributor of industrial, medical, and specialty gases in the United States. The company operates through its subsidiaries, delivering these gases in packaged or cylinder form. In addition to gases, Airgas offers a range of hardgoods, including welding and safety products. The company also produces gases through its subsidiary, Airgas Merchant Gases, LLC, which operates eight air separation units. This comprehensive portfolio positions Airgas as a key player in the gas distribution and related product markets.

Connected Health Services

Acquisition in 2015
Connected Health Services develops a platform that allows users to anticipate the risks of relapses of the disease.

Messer Aligaz Sanayi Gazlari

Acquisition in 2015
Messer Aligaz Sanayi Gazlari A.S produces industrial, medical, and specialty gases.

Baywater Healthcare Ireland

Acquisition in 2015
Baywater Healthcare Ireland Limited provides homecare services to patients with long term conditions.

Optimal Medical Therapies

Acquisition in 2015
Optimal Medical Therapies provides home healthcare services for patients in Germany suffering from chronic illnesses requiring infusion therapy. Optimal Medical Therapies provides neuromodulation products, such as implantable infusion pumps. Optimal Medical Therapies operates as a subsidiary of Air Liquide.

FordonsGas

Acquisition in 2014
FordonsGas is a Swedish company specializing in the distribution of compressed biogas (CBG) for the transportation sector. It operates an extensive network of over 40 compressed gas stations and three liquefied gas stations, catering to the fueling needs of cars, buses, and light trucks. Additionally, the company supports public transport by supplying liquid vehicle gas at various bus depots. As a subsidiary of Air Liquide, FordonsGas is dedicated to minimizing environmental impact while ensuring high levels of customer satisfaction through its services.

Quanta

Series B in 2014
Quanta is a medical devices company that develops advanced haemodialysis systems for use in the home and clinic. Quanta is focused on the commercialisation and ongoing development of SC+, an innovative cartridge-based haemodialysis system. SC+ is a high performance, compact haemodialysis system providing clinical efficacy by utilising typical flow rates of traditional in-centre machines. SC+ supports the entire ‘Continuum of Care’ for dialysis patients, from nurse-assisted treatment through self-care in centre to home haemodialysis. Their system facilitates the seamless transition between treatment modalities providing the best tool to enable flexibility for patients, and treatment options for physicians.

Terrajoule

Series A in 2013
Terrajoule is a company based in Palo Alto, California, that specializes in the development of modular solar power stations capable of generating 2 megawatts of electricity. Founded in 2009, Terrajoule's technology includes energy storage solutions, allowing for the dispatch of clean energy around the clock. This capability enables businesses to access renewable energy consistently, aligning with their operational needs throughout the day. By providing on-demand electricity, Terrajoule contributes to the shift toward sustainable energy practices.

Ventamed

Acquisition in 2013
Ventamed specializes in home ventilation services. Ventamed operates as a subsidiary Air Liquide.

Voltaix

Acquisition in 2013
Voltaix is a provider of semiconductor materials used in the production of semiconductor and advanced photovoltaic cells. The company sells its products through the major international gas distributors and is recognized worldwide for excellence in the synthesis and production of high purity gases and chemicals that enhance the performance of electronic, photonic, and solar devices. The company, the former ChemOvonic Division of Energy Conversion Devices, Inc. was spun off as an independent business in 1986. In 1998 the company acquired Florida Scientific Laboratories, Inc. Today, Voltaix operates facilities in Branchburg, NJ and High Springs, FL.

Healthy Sleep Solutions

Acquisition in 2013
Healthy Sleep Solutions focuses on the diagnosis and treatment of sleep apnea, providing services directly in patients' homes. As a subsidiary of Air Liquide, it operates a network of sleep physicians across Australia, ensuring accessible care management for individuals with sleep disorders. The company's commitment to home-based solutions allows for personalized and convenient treatment options, catering to the specific needs of patients suffering from sleep apnea.

Plug Power

Post in 2013
Plug Power Inc. specializes in hydrogen fuel cell solutions for electric mobility and stationary power markets across North America and Europe. The company focuses on advanced proton exchange membrane (PEM) fuel cell technologies and offers a range of products, including GenDrive, a hydrogen PEM fuel cell system for material handling electric vehicles, and GenFuel, which encompasses hydrogen fueling delivery and storage systems. Additionally, Plug Power provides GenCare for ongoing maintenance of its fuel cells, GenSure for modular stationary power solutions, and ProGen, a fuel cell stack used in various applications. With a commitment to creating a green hydrogen ecosystem, Plug Power aims to establish hydrogen highways and deliver sustainable energy solutions across multiple sectors, including telecommunications and transportation. Founded in 1997 and headquartered in Latham, New York, the company serves retail-distribution and manufacturing businesses through direct sales and partnerships with original equipment manufacturers and dealer networks.

NordicInfu Care

Acquisition in 2013
NordicInfu Care is a distributor based in Stockholm, Sweden, specializing in home infusion therapy for patients with chronic diseases. The company provides a range of medical and pharmaceutical products, including infusion pumps, medical aids for insulin-treated diabetes, immunoglobulins, and treatments for conditions such as infertility, Parkinson's disease, pulmonary hypertension, and pain management. As a subsidiary of Air Liquide, NordicInfu Care focuses on delivering essential medical equipment and pharmaceuticals to improve patient care and enhance quality of life for those with ongoing health challenges.

Lentechgas

Acquisition in 2012
Lentechgas provides bulk and packaged industrial gases for healthcare and other industries. Lentechgas operates as a subsidiary of Air Liquide.

Gasmedi

Acquisition in 2012
Gasmedi born in 1996 with the goal of becoming a leading operator in the Spanish market for home respiratory therapy and medical gas supply, assuming a breath of fresh air in a market historically dominated by a few multinational companies. For conduct of its business, Gasmedi has two main divisions: the Division of Respiratory Therapy at Home - home treatment for patient respiratory pathologies character and Hospital Division - dedicated to supplying medical gases to hopitales - providing its services in the field of Public Health, the result of public tenders in which it has been awarded, as in the Private Health through contracts with private healthcare companies and medical insurance. Thanks to a high quality of care and a good proposals in their economic competitiveness in the years he has managed to gain the trust of a growing number of health institutions. outcome of this confidence, growth of our society has been extraordinary. In ten years, assigned to the care of 60,000 patients , has created more than 250 jobs - all character indefinitely, and has opened 24 offices in Spain being present in fourteen of the seventeen autonomous communities, communities that cater to 93 % of the national population.

Logika

Acquisition in 2012
Logika produces bulk and packaged gases for industrial and medical markets. Logika engages in the production and distribution of air separation products for applications in medicine, metallurgy, power and electronics. Logika operates as a subsidiary of Air Liquide.

Licher Medical Therapy

Acquisition in 2011
Licher Medical Therapy specializes in home healthcare services, focusing on the medico-technical management of patients with Parkinson’s disease and those with immunodeficiencies requiring complex infusion therapies. The company provides comprehensive support for infusion therapy in the home environment, ensuring patients receive the necessary medical care in a comfortable setting. Additionally, Licher Medical Therapy is involved in the development of medical equipment and specific consumables to enhance patient treatment and outcomes.

ADEP Assistance

Acquisition in 2011
ADEP Assistance is a specialist in home respiratory healthcare. ADEP Assistance operates as a subsidiary of Air Liquide.

Cryogas de Centroamerica

Acquisition in 2010
Cryogas de Centroamerica is a supplier of medical and industrial gases. Cryogas de Centroamerica operates as a subsidiary of Air Liquide.

SNORE Australia

Acquisition in 2010
SNORE Australia is a provider of overnight sleep studies. The company offers sleep study services focusing on respiratory and neurological disorders that occur during sleep.

H-Plus SGS

Acquisition in 2010
H-Plus SGS is a supplier of piped carbon monoxide and hydrogen. H-Plus SGS operates as a subsidiary of Air Liquide.

AMCO-GAZ

Acquisition in 2010
AMCO-GAZ is a distributor of compressed and liquefied gases. AMCO-GAZ offers technical gases, including acetylene, oxygen, carbon dioxide, argon, compressed air, nitrogen, and helium. AMCO-GAZ operates as a subsidiary of Air Liquide.

Medions Homecare

Acquisition in 2010
Medions Homecare operates as a company engages in home ventilation. Medions Homecare offers home oxygen therapy and sleep apnea related services.

Dinno Santé

Acquisition in 2010
Dinno Sante operates as a home health delivery network that specializes in pump insulin therapy to diabetic patients.

H2Gen Innovations

Acquisition in 2009
H2Gen Innovations, Inc., of Alexandria , Virginia develops, manufactures and markets on-site hydrogen appliances that provide a significant breakthrough for the existing industrial hydrogen market and will be a key enabling technology for the emerging hydrogen economy. The H2Gen hydrogen generator module (HGM) converts natural gas to hydrogen using a unique steam methane reformer, producing 2,000 scf/hr. of up to “five nines” pure hydrogen. The all-in cost of hydrogen produced with the HGM at the point of delivery is 35% to 65% less than existing conventional methods of producing and delivering hydrogen to target end-use customers. They believe that they have the superior technology for on-site hydrogen production in regard to output, purity and price for a remarkably small appliance. The company was formed in February 2001 by a team of engineers who saw the market opportunity, and who had been working on the concept and technology for the preceding seven years.

Al Khafrah Industrial Gases

Acquisition in 2009
Al Khafrah Industrial Gases manufactures industrial gases. Al Khafrah Industrial Gases operates as a subsidiary of Air Liquide.

Air Separation

Acquisition in 2009
Air Separation is a company specializing in respiratory care services. Air Separation operates as a subsidiary of Air Liquide.

VitalAire S.A

Acquisition in 2009
VitalAire S.A is a nationwide provider of respiratory care services and products for patients.

Pure Helium

Acquisition in 2008
Pure Helium is an international supplier of liquid and gaseous helium. Pure Helium supplies liquid and gaseous helium, helium-based mixtures and argon.

Air Liquide America Specialty Gases

Acquisition in 2007
Air Liquide America Specialty Gases LLC produces and supplies specialty pure gases and gas mixtures to monitor air quality.

Allied Respiratory

Acquisition in 2007
Allied Respiratory provides unified oxygen services including concentrators directly to customers in the South East of England and Northern Ireland as well as cylinder gases in Scotland.

Linde

Acquisition in 2007
Linde is a prominent global gases and engineering company, employing approximately 63,500 people across more than 100 countries. With a history spanning 140 years, Linde has established itself as a leader in gas processing technologies, successfully completing over 4,000 engineering projects worldwide. The company operates through three divisions: Industrial Gases & Healthcare, Engineering, and Gist. Linde focuses on optimizing plant lifecycle productivity and innovating process flows, serving diverse industries such as natural gas, oil refining, petrochemicals, fertilizers, electronics, and metal processing. In China, Linde Engineering (Dalian) Co., Ltd., a joint venture established in 2005, combines advanced technologies with management expertise to deliver high-quality products and services. Their capabilities include engineering, procurement, fabrication, and project management for various plant components, such as heat exchangers and vaporizers. Linde's integrated approach and commitment to building lasting relationships with customers underpin its success and influence in the global market.

Lurgi, Inc.

Acquisition in 2007
Lurgi, Inc., a technology company, engages in the field of process engineering and plant contracting.

Messer Griesheim Industries Canada

Acquisition in 2002
Messer Griesheim Industries Canada Inc. distributes industrial cylinder, bulk, and specialty gases.

Messer Griesheim - Trinidad and Tobago

Acquisition in 2002
Messer Griesheim - Trinidad and Tobago distributes industrial cylinder, bulk, and specialty gases.

Fedgas Pty

Acquisition in 2002
Fedgas Pty is a privately held company that engages in the production and distribution of industrial and specialty gases.

Axane

Acquisition in 2001
Axane is a privately held company that develops hydrogen powered fuel cell systems.

The BOC Group

Acquisition in 1999
The BOC Group manufactures and distributes a range of software tools for its clients. The company’s product portfolio consists of Adoscore, Adonis, Adolog, and Adoit. It offers consulting, training, and cloud-based services to its clients. Its consulting services consist of expertise in BPM, quality management, enterprise architecture management, IT service management, performance management, governance, and knowledge transfer. The BOC Group was founded in 1886 and is based in Surrey.

Schülke & Mayr

Acquisition in 1996
Schülke & Mayr GmbH is a company that develops, manufactures, and supplies a diverse range of hygiene and care products, including disinfectants, antiseptics, preservatives, biocides, and medical skin care items. Founded in 1889 and headquartered in Norderstedt, Germany, the company serves various sectors, offering specialized hygiene management solutions aimed at preventing hospital-acquired infections, as well as professional hygiene products for medical practices and outpatient facilities. Its industrial hygiene solutions cater to industries such as food processing and pharmaceuticals, while its preservatives are used in cosmetics, household products, coatings, and metalworking. Schülke & Mayr GmbH operates globally with subsidiaries in multiple countries, including Australia, France, India, and the United States, and functions as a subsidiary of L'Air Liquide S.A.
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