BRIDGEWATER, N.J., Jan. 16, 2017 /PRNewswire/ -- Linde Gas North America LLC today announced that it has purchased substantially all of the assets and business of The Service Center LLC, a market leading provider of medical oxygen and respiratory equipment repair services to healthcare providers in the Midwest and Southeast regions of the U.S.
Headquartered in Broadview, Illinois, The Service Center also has facilities in Southfield, Michigan, and Greenville, South Carolina. Its primary services include:
- Medical oxygen transfilling
- Cylinder requalification and repair
- Respiratory equipment repair
"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," said Maria Iglesias, Head of Linde Healthcare in the Americas. "Combining The Service Center's customer-focused culture and capabilities with Linde's world class line of medical gases and devices creates 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.
"Over its 19 year history, The Service Center has identified, built and refined a business model that brings real value to our customers," said Jeff Addante, President of The Service Center. "We recognize 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 transaction.
Linde Gas North America LLC is a member of the Linde Group, a world-leading gases and engineering company. In the 2015 financial year, The Linde Group generated revenue of USD19.7 bn (EUR 17.944 bn), making it one of the leading gases and engineering companies in the world, with approximately 65,000 employees working in more than 100 countries worldwide. The strategy of The Linde Group is geared towards long-term profitable growth and focuses on the expansion of its international business with forward-looking products and services. Linde acts responsibly towards its shareholders, business partners, employees, society and the environment in every one of its business areas, regions and locations across the globe. The company is committed to technologies and products that unite the goals of customer value and sustainable development.
For more information, see The Linde Group online at www.linde.com
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SOURCE Linde North America, Inc.