First Healthcare acquisition in India

India, an Asian giant with a population of over one billion, is experiencing rapid growth in its health needs. Through its subsidiary Taema, Air Liquide has acquired Electrocare Systems, a company specializing in medical equipment for respiratory care. Based in Chennai (Madras), in the south of India, Electrocare manufactures respirators for intensive care and anesthesia, as well as medical air generators. It is also a distributor-partner of Taema, an Air Liquide company that specializes in such equipment.