French industrial gas giant, Air Liquide has announced it has sold its operations in twelve Sub-Saharan African countries to the investment firm Adenia Partners. The announcement was made in a press release that did not disclose the financial details of the transaction. The countries involved in the deal include Benin, Burkina Faso, Cameroon, Congo, Côte d’Ivoire, Gabon, Ghana, Madagascar, Mali, the Democratic Republic of the Congo, Senegal, and Togo. The operations sold account for a revenue of around €60 million (about $65.2 million), representing less than 10% of Air Liquide’s total revenue in Africa. The buyer -Adenia Partners, which has…
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