General presentation of Korian
The Korian group is a private company specialising in the management of care facilities for dependent persons. It is the leader in this sector in Europe. It also offers "retirement home" type establishments.
More precisely, the Korian group operates no less than 366 establishments in France, representing more than 30,000 places, including medico-social establishments for the elderly, retirement homes, long-stay centres and rest homes, as well as health establishments with follow-up care and rehabilitation clinics and psychiatric clinics. Its French establishments alone generate more than 52.6% of Korian's revenue.
Another large part of Korian's turnover is generated in Germany, where the group operates more than 222 establishments, currently providing 28,090 places. This geographical sector represents 28.5% of the establishment's turnover.
Next comes the Italian market, which represents 10.1% of the group's turnover with 51 establishments and 5,506 places, and Belgium, which represents 8.8% of turnover with 76 establishments and 8,253 places. To date, the Korian group employs 37,784 people throughout Europe.
The Korian group, which was born from the merger of the retirement home companies Finagest and Serience, has since developed strongly through a long series of acquisitions of all kinds.
- For example, the group acquired the Medipep group in 2006 following a successful takeover bid. This will allow the company to be listed on the stock exchange.
- In 2007, the Korian group also acquired the Italian company Segesta and the German company Phonix.
- In 2013, Korian launched a takeover bid for Curanum, another German company.
- In 2014, the Medica company was merged into Korian, making the new entity the leading manager of retirement homes in Europe.
- In 2016, the Korian group launched the acquisition of the company Foyer de Lork in Belgium, which specializes in medicalized residences and retirement homes. Korian thus becomes the number two in this business sector in Belgium.
Currently and thanks to these various acquisitions, the Korian group is at the head of more than 700 establishments in Europe, with a capacity of more than 71,000 people. It is particularly present on the markets of France, Germany, Italy and Belgium. However, the group is still pursuing an international development strategy and could therefore proceed with new mergers and acquisitions in the near future.
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