Linde Gas North America, a unit of Linde Group, has acquired the assets and business of The Service Center, a provider of medical oxygen and respiratory equipment repair services to healthcare providers in the US.
Financial details of the transaction have not been disclosed.
Founded in US in 1997, The Service Center works with home medical equipment companies, hospitals and nursing homes and primarily offers services including medical oxygen transfilling, cylinder requalification and repair, and respiratory equipment repair, to healthcare providers in the Midwest and Southeast regions of the US.
Linde Healthcare head Maria Iglesias said: "The purchase of The Service Center is part of Linde's commitment to expand our services to meet our customers' needs and to invest for growth in the Americas.
"Combining The Service Center's customer-focused culture and capabilities with Linde's world class line of medical gases and devices create significant advantages that enhance and broaden our services.
“It strengthens our ability to be a complete, best-in-class, respiratory solutions provider for our customers.”
The Service Center president Jeff Addante said: “Over its 19 year history, The Service Center has identified, built and refined a business model that brings real value to our customers.
“We recognise Linde’s commitment to quality growth and believe this deal represents a logical next step in The Service Center’s growth and expansion.”
Steve Royko of the Peakstone Group advised The Service Center on the deal.
Gases and engineering company Linde Group has an employee strength of about 65,000 and operates in more than 100 countries across the world.