05-Jan-18, Arab News
With the acquisition of the respiratory division of Thimar Al-Jazirah Co (TAC) in Saudi Arabia, Air Liquide enters the home health care market in the Kingdom, and expands its health care activity in the Middle East.
%20Arab%20News.jpg "Air Liquide enters Saudi home healthcare market (c) Arab News")
Image: Arab News
TAC is a leading actor in the pharmaceutical, medical and dental industries in Saudi Arabia. Acquired through a majority equity stake (60 percent), the TAC home health care division specializes in the distribution of respiratory equipment and sleep disorder diagnosis services for patients suffering from respiratory conditions.
TAC is the main player in the Kingdom in this field, serving more than 1,400 patients at home throughout the country. The home health care division of TAC generated a revenue of over USD6.6 mn in 2016.