Nippon Gases Group Expands with Esteve Teijin Healthcare Acquisition
Deal News | Dec 20, 2024 | Iberian Lawyer
Nippon Gases Group, Europe's leading company in industrial and medical gases, has expanded its footprint in the home respiratory therapy sector through the acquisition of Esteve Teijin Healthcare. The transaction was conducted through Nippon Gases' subsidiary, Oximesa. Esteve Teijin Healthcare, a joint venture specializing in respiratory therapies, will merge with Oximesa to enhance their combined regional reach while minimizing overlap in Spain. This strategic move aims to leverage the strengths of both entities in order to drive growth and establish a stronger presence within the industry. Legal and tax advisory for this transaction was provided by CMS Albiñana & Suárez de Lezo, with the legal team led by tax partner Ricardo Héctor and corporate M&A partner Irene Mir. The integration signifies a significant step in consolidating Nippon Gases' leadership in respiratory therapies.
Sectors
- Healthcare
- Industrial & Medical Gases
Geography
- Spain – The acquisition includes the integration of resources within Spain, enhancing regional coverage.
- Europe – Nippon Gases Group is a European leader in industrial and medical gases, influencing its strategic operations.
Industry
- Healthcare – The acquisition involves Esteve Teijin Healthcare, a company focused on home respiratory therapies.
- Industrial & Medical Gases – Nippon Gases Group is a leading entity in this sector, expanding its market reach through acquisitions.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Nippon Gases Group | Acquirer | Company | Europe's leading company in the industrial and medical gases sector. |
| Oximesa | Subsidiary | Company | A subsidiary of Nippon Gases Group involved in the acquisition of Esteve Teijin Healthcare. |
| Esteve Teijin Healthcare | Target Company | Company | A joint venture specializing in home respiratory therapies. |
| CMS Albiñana & Suárez de Lezo | Legal Advisor | Company | Provided legal and tax advisory services for the acquisition. |
| Ricardo Héctor | Tax Partner | Person | Led the tax advisory team for the transaction. |
| Irene Mir | Corporate M&A Partner | Person | Led the corporate M&A advisory team for the transaction. |