Announced
Synopsis
Mutares, a German-based holding company that acquires medium-sized companies in turnaround situations and facilitates their restructuring needs, agreed to acquire Alcura France, a company specialized in providing medical equipment to seniors, and individuals with disabilities, from Alliance Healthcare Group, a wholesaler, distributor and retailer of pharmaceutical, surgical, medical, and healthcare products throughout Europe. “With the acquisition of Alcura France we would once again underpin our leadership in carve-outs from large companies. The company plays a major role in the French homecare market which is propelled by the aging demographic, escalating trends in outpatient care and the high occupancy rate of nursing homes. We at Mutares look forward to working with the management team and employees to help shape the company’s future growth,” Johannes Laumann, Mutares CIO.
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