HBI Deals+Insights / News

Alloheim snaps up Senator

The German care market is reaching new heights of consolidation after Dusseldorf-based Alloheim acquired Senator Group of Lübeck. A well-placed source says the price paid was a “rich one” at around 8-10 times EBITDA. The combined group will have around 15,000 beds. That would leave it in third position behind Korian and Orpea who have been expanding into Germany at breakneck speed.

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