TRARESTRA supported Eight Advisory on Colisée’s acquisition of a ARMONEA Group, the elderly care facility leader in Belgium. TRARESTRA provided tax due diligence on this deal.
Colisée, a leading player in the elderly care segment in France, Italy and Spain, has signed an agreement to acquire Armonea Group NV, a leading independent senior care organisation in Belgium also active in Spain and Germany. The alliance of Colisée and Armonea becomes the 4th largest European player in the field of facilities and care for the elderly with a turnover close to 1 billion euros. In France, Belgium, Spain, Italy and Germany, both combined networks, aggregating 270 specialized facilities, receive more than 26,800 residents.
See also the Press Release.