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Tag: Linde AG


Providers

Abbott exec to take reins at Lincare

February 4, 2015HME News Staff

CLEARWATER, Fla. - Linde AG has named Kristen Hoefer CEO of Lincare, it announced today.She succeeds the retiring John Byrnes.Hoefer has spent 20 years at Abbott Laboratories, where she has held management positions in several divisions of the company. Most recently, she was in charge of the company's pharmaceutical business in Western Europe.“We're delighted that we've been able to attract the caliber of Kristen Hoefer, a proven healthcare executive with international experience,” said...

Kristen Hoefer, lincare, Linde AG


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News

Lincare headlines Linde's strong growth

May 6, 2013HME News Staff

FRANKFURT, Germany - Boosted in part by its 2012 acquisition of Lincare, Linde AG has reported a better-than-expected 12.6% increase in operating profit for the first quarter, according to multiple reports.Clearwater-Fla.-based Lincare contributed 397 million euros of Linde's 3.99 billion euros in sales for the first quarter, helping to increase revenues in the gases division by 15%.“Despite less than favorable conditions, especially in the mature markets, we have continued to achieve profitable...

dme, hme, lincare, Linde AG, respiratory products


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Movers and shakers: Linde, Medline

September 14, 2012HME News Staff

MUNICH, Germany - Linde AG has successfully placed a bond for 1 billion euros to help finance its acquisition of Lincare, the company announced Sept. 5.The bond, which drew “huge demand” according to a press release, has a maturity of eight years and an interest rate of 1.75%."It is crucial to be able to act swiftly in a volatile market climate," stated Georg Denoke, a member of the executive board and CFO of Linde AG, in the release. "We were keen to quickly replace a substantial part...

Linde AG, medline


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Providers

Providers say they'll stick with LifeGas

August 24, 2012Theresa Flaherty, Managing Editor

YARMOUTH, Maine - Although LifeGas' parent company, Linde, announced in June that it was acquiring Lincare, most HME providers say they don't expect much of an impact on their own dealings with the medical gas distributor.“We haven't given it a whole lot of thought,” said Glenn Perry, executive director and CEO of Regional Home Care in Clifton Forge, Va. “They've been fair to me and they sure came through when we had all those power outages here over July 4th.”LifeGas isn't...

HOme medical equipment, home oxygen, lifegas, lincare, Linde AG


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