- In March 2023, Atlas Copco AB acquired the operating assets of FS Medical Technology, a company that specializes in the sale, verification, and testing of piped medical and laboratory gas equipment and systems. This acquisition aligns with Atlas Copco’s strategy to expand its presence in the healthcare sector.
- In January 2023, Atlas Copco AB also acquired MedCore Services Inc., a Canadian company that services piped medical gas equipment, including medical air systems, vacuum systems, and pipeline infrastructure. MedCore serves both public healthcare institutions and private clinics, further expanding Atlas Copco’s footprint in North America.
- In October 2022, ESAB Corporation, a global leader in fabrication and gas control technology, announced the acquisition of Ohio Medical, LLC, a prominent manufacturer of oxygen regulators and centralized gas systems. The acquisition was made from a private investor group for a cash purchase price of $127 million, strengthening ESAB’s position in the medical gas market.
- In July 2020, Air Liquide completed the acquisition of Sasol’s 16 Air Separation Units (ASUs) located in Secunda, South Africa. With this acquisition, Air Liquide now operates the world’s largest oxygen production site, and has committed to reducing its CO₂ emissions by 30% to 40% over the next ten years as part of its sustainability goals.
