Montefiore buys Groupe Avenir Santé
Montefiore Investment has taken a majority stake in French clinics operator Groupe Avenir Santé, for an undisclosed amount.
The company's founders and other historical medical shareholders hold the remainder of the shares.
Montefiore believes the technology and skills available within the company meet the need for such services in the Burgundy region. Groupe Avenir Santé will now look to develop both by organic and external growth.
Based in the Burgundy region of France, Avenir Santé consists of two clinics specialised in medicine and surgery: one was created in 1908 in Mâcon and the other in 1904 in Sens. They now generate revenues of about €30m and have a yearly average of 26,000 patients.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information regarding this transaction, please contact Grégoire Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com
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