Korian closes the acquisition of Grupo 5, reinforcing Korian position in Mental Health in Spain
12/01/2023
- High quality platform focused on mental health
- Expecting to reach c.€90m of revenue in 2022
- Strong demand for mental health services in Spain: a €2.5bn market expected to grow by 4% per annum
- Embedded organic growth of +10% CAGR over the next 5 years on the back of further ramp-up of existing facilities and greenfield pipeline
- Korian’s mental health activities expected to represent c.€330m in 2023 (France, Spain, Italy)