Orpea buys into French and Belgian nursing home markets

French nursing home operator Orpea has signed an agreement to acquire the entirety of the Mediter Group in France as well as a 49% stake in the Medibelge Group in Belgium, representing a total of 4,866 beds on 57 sites, including 3,810 beds in France and 1,056 beds in Belgium. The transaction price amounts to EUR 129 mln.

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