Private equity firm Armira has just acquired German elder care service provider Onesta. We talk to an industry expert about Armira’s future, and its new model of elder care.
Denmark is a relatively small market, with a population of less than six million, and like the rest of the Nordics its politics can often be very hostile to for-profit operators. Despite this, the for-profit care home sector is growing despite relatively low returns. HBI talks to two market experts about the appeal and development of the Danish nursing home sector.
The management of DomusVi, the pan-European nursing home group, backed by DomusVi founder Yves Journel's investment vehicle, have bought out private equity firm ICG in a leveraged buyout. The group was reportedly valued at €4.3bn, 16.4 times adjusted 2020 EBITDA.
The Greek care home sector gets scant support from a periodically hostile government and has yet to attract major interest from large European nursing home groups and investors. Despite this, the population is ageing rapidly and demand for nursing care is growing. HBI talks to two market experts about the pandemic in Greece and the future of the market.
Across Europe care home operators are optimistic about recovery, with many saying they expect a return to something like normality by the end of 2021. Is this too optimistic? HBI looks at France-based Orpea and Korian, and talks to a market expert to find out more.
Icade will separately list its healthcare division Icade Santé on the Euronext by the end of this year, becoming Europe's largest healthcare-only REITs. The news comes as Aedifica singles out healthcare as the main spending target of a new €287m raise.
The German government is to legislate an increase in care worker pay, and improve conditions. HBI speaks to a Berlin-based operator to find out more - including why the move has not been universally welcomed.
Job applications for social care have dropped off a cliff in the UK as the economy starts to open up, according to an operator. Groups in Germany, France, the Netherlands and Austria say they are still seeing a surge.
Under new measures introduced by Mario Draghi’s government at the end of April 2021 healthcare workers who refuse the vaccine will be transferred, demoted, or suspended without pay.
Pan-Nordic care group Attendo, which runs 350 nursing homes in Scandinavia, is struggling to recover occupancy in Sweden. The picture is better in Finland, but a scandal over the treatment of a whistle-blower in the Swedish press has damaged the groups image.
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