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Korian completed the acquisition of Grupo 5 from Corpfin Capital.

Synopsis

Korian, a European care and support services group, completed the acquisition of Grupo 5, a mental health and brain damage rehabilitation manager, from Corpfin Capital, a private equity and venture capital firm. Financial terms were not disclosed. "This acquisition allows the group to significantly reinforce its presence in Spain through the integration of a recognised network dedicated to specialised care and mental health, very complementary to the activities we have developed in geriatrics and in mental health. It is in line with the Group’s strategy of developing proximity healthcare services, to meet the growing needs of care in relation to chronic diseases," Sophie Boissard, Korian CEO.

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