Spain: Korian acquires Grupo 5 portfolio

Sophie Boissard, chief executive, Korian

Europe’s largest retirement home operator Korian has acquired a portfolio of six nursing homes on the Balearic Islands from care service operator Grupo 5. Financial terms have not been disclosed. “Korian will continue to actively pursue its development in the Spanish market and will take advantage of the opportunities in the Balearic Islands to expand…

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