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Allied Healthcare sells two divisions

October 01 2007

Allied Healthcare International Inc. (NASD: AHCI), a healthcare staffing company, that does all of its business in the United Kingdom, said today it sold two medical gas divisions to Air Liquide Group for $74.7 million. Both divisions sold, Allied Respiratory and Medigas Ltd., provide nonstaffing respiratory therapy services such as oxygen concentrators.

"As we move forward, Allied will continue to concentrate its efforts on expanding the company's significant U.K. branch network, which provides homecare services and flexible staffing to local governments and primary care trusts," said interim CEO Sarah Eames.

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Luke 01/23/2014 06:46 pm

This is so interesting, I didn't ever think this would happen.

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