30.09.2013 18:27:00
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MEDICA Finalizes the Acquisition of Senior Living Group
Regulatory News:
MEDICA (Paris:MDCA), a leading provider of long and short-term dependency care in France, has finalized today the acquisition of Senior Living Group, the leading private provider of long-term care in Belgium.
This transaction is a major step forward in MEDICA’s development in Europe. The network operated by MEDICA now comprises 22,613 beds. MEDICA’s organic growth pipeline is also strengthened with a portfolio of 3,537 beds being restructured or built.
MEDICA expects to generate full-year revenue in excess of 825 million in 2013, due to organic growth of at least 7 % and the integration of SLG from 1st October 2013.
NEXT EVENT
Publication of Q3 2013 revenue on 22 October 2013 before start of trading.
ABOUT MEDICA
Formed in 1968, MEDICA is a leading provider of long- and short-term dependency care in France. It operates both in long-term care sector, with nursing homes in France and Italy, and in the post-acute and psychiatric care sector. In these two sectors, the group operated a total of over 17,100 beds and employed over 10,800 people as at 30 June 2013.
MEDICA has been listed on the NYSE Euronext Paris stock exchange since February 2010 - Compartment B - Eligible for the Deferred Settlement Service, long only.
MEDICA is included in the SBF 120, Euronext CAC Healthcare, MSCI France
Small Capet Gaia Index.
Code: MDCA - ISIN : FR0010372581 - Reuters:
MDCA PA - Bloomberg: MDCA FP
Website: www.groupemedica.com
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