Banks Kutxa and BBVA have stated that they will sell Spanish elderly care group Sanyres in 2016. Sales were a mere €57m in 2014, but frenzy in the market has built up after Geriatros sold to PAI Partners at 10-12 times EBITDA in July 2015. Analysts anticipate similar rates for Sanyres. The next groups in line are La Caixa-owned Amma and private equity-owned SARquavitae.