Korian Creates the 3rd European Mental Health Platform After Completing Its Acquisition of Ita Salud Mental
39 sites in key locations including Madrid and Valencia
27 inpatient clinics with c.900 beds and 12 outpatient clinics with a capacity for 10,000 sessions per month
Expected 2021 revenue c. €50 million and accretive to Group margins
High embedded growth with an expected CAGR of c.15% in revenue until 2024
Creation of the 3
Expected 2022 revenue c. 250 millions in France, Spain and Italy
Embedded growth c.10%
Regulatory News:
Korian (Paris:KORI), the leading European care services group for elderly and fragile people, has completed its acquisition of Ita Salud Mental from Magnum Capital, after obtaining the necessary regulatory and antitrust approvals.
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