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Regulatory News:
Korian (Paris:KORI) the leading European care and support services group for the elderly and fragile, announces its Q4 revenue and its 2020 results.
Sophie Boissard, CEO of Korian Group:
As we take stock of the year, our thoughts are primarily with all of those residents and families who have suffered in this pandemic. I am extremely grateful for the outstanding commitment, resilience and solidarity that Korian teams across the network have shown to maintain service continuity and ensure high level of care quality. I also express my thanks to our stakeholders for their continuous support. We come out of 2020 united around our purpose and our values of Trust, Responsibility and Initiative and with a renewed commitment to build on our care and medical expertise to provide to elderly and fragile people solutions that offer them freedom of choice. We will continue on these foundations to innovate and invest in our people and in our capabilities to tackle the l
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Regulatory News:
Korian (Paris:KORI), the leading European care services group for elderly and fragile people, is strengthening its local outside the walls services implanted in the communities where it is present, by offering a coordinated and extended range of support services for seniors experiencing a loss of independence, in line with its In Caring Hands plan and continuing its strategy of diversifying outside of healthcare and medico-social facilities.
These additional services supplement Korian s existing range of home-care services and will be rolled out in coordination with the Petits-fils agency network France s second-largest private sector home-assistance network for seniors
1 which currently comprises 160 agencies and whose services have a 97% customer satisfaction rating
Ages&Vie Speeds up Development Supported by the Signature of a First €55m Loan Agreement Between Korian and the EIB
A loan guaranteed by the European fund for strategic investments
67 Ages&Vie projects under construction for completion in 2021 and early 2022
An inclusive, local solution in the heart of priority communities
Buildings that have a positive environmental impact (HQE NF Habitat standard)
4,000 beds to be operating by 2024 on French territory
Regulatory News:
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201217006150/en/
Korian (Paris:KORI), the leading European care services group for elderly and fragile people, has signed a €55 million loan agreement with the European Investment Bank (EIB), the EU bank. This 10-year loan will finance Korian s capital contribution to SCI Foncière Ages&Vie, created in May 2019 and jointly owned with Banque des Territoires and Crédit Agricole Assurances, which wi
Korian Strengthens its Position in Mental Health in France After Completing Its Acquisition of Inicea
Strengthening a fourth business line within Korian France
6% organic growth expected over the next 5 years supported by a large project pipeline
Regulatory News:
Korian (Paris:KORI), the leading European care services group for elderly and fragile people, has completed its acquisition of Inicea from Antin Infrastructure Partners after obtaining the necessary regulatory and antitrust approvals.
For Korian, this structural transaction initially announced on 1 October is a major milestone in its plan to strengthen its medical activities, with the creation of a new business line within Korian France focusing on mental health, which will benefit from the competencies of the Inicea team lead by Pierre Forest.
Korian Signs a Development Partnership With Aedifica in the Netherlands
50/50 asset ownership
Flexible structure facilitating Korian s rapid growth in the Dutch market
Regulatory News:
Korian (Paris:KORI), the leading European care services group for elderly and fragile people, has formed a partnership with Aedifica, a leading European player in the healthcare real-estate market. The partnership will take the form of a joint venture ( maatschap ), owned 50/50 by the two groups, for the purpose of investing in new real-estate projects in the Netherlands.
The facilities built as a result of this joint venture will be operated by Korian. They will accommodate fragile and dependent people. Korian currently owns 36 villas, therapeutic flats and clinics in Netherlands and will commission 9 additional facilities by 2021 i.e. a total capacity of 1,300 beds.