Announced

Completed

SOL Group-backed Airsol completed the acquisition of a 70% stake in MedAir.

Synopsis

SOL Group-backed Airsol, a company that specializes in designing, manufacturing, and installing industrial plants for environmental rehabilitation, completed the acquisition of a 70% stake in MedAir, a provider of home respiratory care services. Financial terms were not disclosed. "We are delighted about this new partnership with MEDAIR which allows us to enter the scene of the Romanian market. We are particularly happy to have the possibility to work with Catalin Batrinu which leads a young and dynamic team very committed to the wellbeing of the patients. The operation fits harmoniously into the growth strategy in our historic sector of respiratory home care, an area in which VIVISOL is one of the European leaders,” Claudio Garbellini, SOL Group Deputy General Manager.

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