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Korian Acquires 5 Santé Group from Founder and Parquest Capital
Thursday 27 February 2020

27 February 2020 - Paris-based European care and support services provider Korian Group (PAR: KORI) has acquired France-based 5 Santé, specialising in the treatment of chronic diseases, from Catherine Miffre, its founder, and investment fund Parquest Capital, the company said.

Terms of the transaction were not disclosed.

5 Santé, which offers treatment for rehabilitation of patients suffering from respiratory diseases, especially chronic obstructive pulmonary disease, offers customised care pathways to patients who live at home and visit its clinics for pre-scheduled stays.

The group owns six post-acute and rehabilitation care clinics located in the French regions of Auvergne-Rhône-Alpes and Occitanie, all designed to meet rigorous standards of quality and comfort for patients.

With this acquisition, Korian moves a step further towards specialising its services, in order to offer personalised support, adapted to the patient's needs in the areas where the Group operates.
Details
Date Published: 27/02/2020
Target: 5 Sant, é
Country: France
Sector: Healthcare
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: Korian Group
Comment:
Terms of the deal were not disclosed

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