Sole advisor to Korian on the acquisition of the geriatric business of Grupo 5
AZ Capital has advised Korian on the acquisition of the nursing homes and day centres division from Grupo 5, investee of Corpfin Capital.
With this transaction, Korian will expand its platform in Spain to more than 2,000 beds and will be present in key regions, such as Andalusia, Valencia and the Balearic Islands.
Grupo 5 is a Spanish healthcare services company focused on the areas of mental health and social emergencies. The company manages more than 30 centers in Spain, as well as having a presence in Chile.
Korian is a French listed group, leader in care and services for the elderly in Europe, with more than 850 centers in six countries and 300,000 patients.
Sector: Healthcare and Pharmago to sector