Adenia Partners announced that it has reached an agreement with Air Liquide, a specialist in industrial gases, to acquire twelve of its subsidiaries located in West and Central Africa. This operation is a prelude to the formation of an independent group in the field of industrial gases

The activities sold represent a turnover of around 60 million euros, which corresponds to less than 10% of the total sales of the French group in Africa. The subsidiaries concerned, spread over markets, namely Benin, Burkina Faso, Cameroon, Cameroon, Cameroon, Cameroon, Cameroon, Cameroon, Congo, Congo, Ivory Coast (listed on the BRVM), Gabon, Ghana, Madagascar, Madagascar, Mali, Mali, Mali, Democratic Republic of Congo, Mali, Democratic Republic of Congo, Democratic Republic of Congo, Senegal and Togo, will be combined under a new entity

Indeed, the private equity firm based in Mauritius, manages over 800 million dollars in assets through more than 30 investments. It promises to support the growth of this new sector in its portfolio through long-term investments of up to 30 million euros.