Apria Healthcare Group Inc., a Lake Forest-based home healthcare provider, said Wednesday that it bought the assets of Praxair Healthcare Services Inc.’s home healthcare services division.
Terms weren’t disclosed.
Apria provides breathing treatments and other healthcare services to patients in their homes from 500 locations throughout the U.S. The company has annual revenue of more than $2 billion.
Praxair Healthcare Services is a unit of Danbury, Conn.-based Praxair Inc., a large industrial gas company with sales of $10.1 billion in 2010.
The healthcare unit provides breathing treatments and nutrition to patients through 80 branches nationwide.
In a release, Apria, a privately held company that makes some of its financial results public, said the Praxair deal would expand its services in several states and enhanced its prospects for growth in future years.
The deal’s expected to close during the current quarter.
