Announced

EQT sells care home operator Charleston to KOS and Primonial REIM.

Synopsis

The EQT Infrastructure II fund agreed to sell Charleston Holding to KOS and the real estate associated with the operations of Charleston to Primovie respectively. Financial terms were not disclosed. Guiseppe Vailati Venturi, CEO of KOS, made the following statement: “The acquisition of Charleston is a significant step forward in KOS’s process of internationalization and will enable the company to accelerate its development. The German market offers many opportunities both for business combinations and for opening new nursing homes. The know-how developed by the KOS Group in Italy in the field of rehabilitation and healthcare will be an important lever for improving the growth potential of Charleston.”

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