HBI Deals+Insights / M&A/IPOs

SPS builds Swiss nursing home arm

Swiss real estate group Swiss Prime Site (SPS) is buying nursing home operator Senior Care from property and hotel operator Boas-Yakhin, in French-speaking Switzerland, for an undisclosed amount. That allows Tertianum Group, SPS’s operating arm in the assisted living sector that claims to be the largest Swiss elderly care provider by revenue, to expand its network nationally.

We would welcome your thoughts on this story. Email your views to Ariane Jugieux or call 0207 183 3779.