HBI Deals+Insights / M&A/IPOs

Competitors angry at Buurtzorg takeover

Dutch nurse-led homecare group Buurtzorg has volunteered to the Ministry of Health to take over domiciliary care/medicalised homecare TSN Thuiszorg. TSN, which is the largest group in the country, is in lenders' hands due to a €400m cutback in the public-private homecare sector. Buurtzorg has committed to admit 75% of TSN's staff in exchange for a favourable €21 hourly tariff. The deal would automatically leave Buurtzorg as the market leader, but competitors tell us that that they are angry.

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