Announced

Sapio to acquire Baywater Healthcare from Bastide.

Synopsis

Sapio, a leading Italian provider of industrial and medical gases and integrated home care and support services, agreed to acquire Baywater Healthcare, a leading provider of home oxygen services and respiratory home care in the UK, from Bastide, which specializes in providing a wide range of health and wellness products and services. Financial terms were not disclosed. “This successful performance highlights our expertise in developing the companies we acquire. The sale of Baywater Healthcare will enable us to fully unlock the value created since the acquisition and will contribute significantly to reducing Groupe Bastide's debt,” Vincent Bastide, Bastide Groupe CEO.

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MergerLinks - Sapio to acquire Baywater Healthcare from Bastide.