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Air Products
Air Products Sells Major Portion of U.S. Healthcare Operations to Walgreens
May 22nd, 2009
Air Products (NYSE: APD) announced it has sold all of its U.S. home infusion therapy services business and some elements of its respiratory and home medical equipment business to OptionCare Enterprises, Inc., a subsidiary of Walgreen Co. Terms of the agreement were not disclosed. The transaction includes Air Products' ownership interests in certain of the companies previously operated as part of the Air Products Healthcare LLC Group, notably the home infusion therapy business of American Homecare Supply, Georgia (serving Atlanta and northern Georgia); Ultra Care and Dependicare (Chicago metropolitan area); Rx Pharmacy Services and Mosso's Medical Supply Company (western...
Source: Health Business Week (2009-05-22)
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