Europe

 

Orpea rebrands to emeis amid turmoil

French care home operator Orpea has rebranded itself as emeis, in the wake of a tumultuous period marked by allegations of mistreatment in its facilities. The company's decision to change its name comes as it attempts to distance itself from the scandals that have plagued it since 2022, including accusations of abuse within its French care homes.

Affidea acquires two clinics in Switzerland

Pan-European imaging and diagnostics firm Affidea has expanded its operations in Switzerland with the acquisition of two clinics, a radiology centre and a gastroenterology centre.

AXA UK acquires HBSUK

Insurance company AXA UK has acquired healthcare services provider HBSUK. It shows how the group is pursuing a wider remit than traditionally expected of insurance companies.

The new way to consolidate?

Consolidation has been the primary way that PE-backed private health care groups have grown in Europe. A lot of the low hanging fruit has now been picked. But canny investors are adopting new models to open up new consolidation opportunities.

San Donato may be preparing to IPO

Rumours are circulating that San Donato, Italy’s largest for-profit hospital group, is about to IPO. HBI speaks to an Italian market expert to see how likely this is.

Orpea issues reverse share split

Embattled French nursing home group Orpea has announced it will pursue a reverse share split on all outstanding company shares. This means current shares which are valued at around €0.01 each will be exchanged for new shares valued at €10 each, at an exchange rate of 1,000-for-one.

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