France: Korian to dominate psychiatry with Inicea acquisition

Korian Group, Europe’s largest retirement home operator, has entered into exclusive negotiations to acquire Inicea, the third-largest private psychiatry player in France, from private equity firm Antin Infrastructure Partners for €360m (US$422m). This will give it a 17% share in France’s total private psychiatry. “With the addition of Inicea to Korian, we are bolstering our…