Announced
Financials
Tags
Acquisition
Pending
Domestic
Single Bidder
Friendly
rehabilitation center
Finland
Health Care Facilities
Private
Majority
Synopsis
Mehiläinen, a a provider of health care and social services, agreed to acquire Vetrea Terveys, an operator and provider of rehabilitation care centers and housing services, from Osuuskunta, a provider of real estate developing services. Financial terms were not disclosed. "We are very pleased to have Vetrea's services for the elderly and disabled and the professional staff included in Mehiläinen's social services. The acquisition supports the growth of Mehiläinen's network in several geographical areas where we do not currently operate. In addition, with the inclusion of VetreaElo service homes, we will also strengthen our position in housing services for people with disabilities," Harri Pomell, Mehiläinen Director of Social Services.
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