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France

 

Domus Vi attracts interest

Bidders are lining up to have a crack at Domus Vi, the big French nursing home group with first bids due in by March 28.

Diagnostics: A Decade of Potential: Presentation, Jerome Thill, Director General, Cerba

Who better than Cerba to look at the opportunities now opening up? As well as routine labs, the big Franco-Benelux player also runs one of the largest European specialty and central lab operations. Jérôme looks at how Cerba is building a brand in routine testing, embracing innovation tests in its reference operation and developing next generation biomarkers in its central lab. Presented at the Healthcare Europa Annual Conference 2014, The Return of the Bull Market.

Orpea buys Senevita

Orpea, the big quoted French nursing home group with operations in Belgium, Spain and Italy, has pipped local contenders to buy Senevita, one of the top three Swiss nursing home chains from Austrian operator Senecura. The acquisition takes Orpea into a fast-growing, but low margin sector. We look at the Swiss market, give you the price and multiple on the deal, talk to Orpea about its plans and examine what Senecura plans to do with the money.

Exeunt omnes

Europe's largest healthcare service companies are queueing up for the exit in 2014. Expect Apax-owned Capio, the Swedish, French, German, British hospital group, to seek an IPO in Sweden after the election. Euromedic, the Pan-European imaging services group, is also likely to IPO or go for a trade sale in the second half of 2013, as will Median Kliniken in Germany. Cinven-owned UK hospital chain Spire is veering towards a trade sale, but could also IPO. We look at prospects.

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