Clearwater has advised Kerdonis Group (Kerdonis), a family-run business specialising in the management of retirement homes and hotels in France, on the sale of its healthcare division to the Univi Group (Univi), a national society addressing the healthcare market for the elderly and disabled.
With a strong presence in Western France, Kerdonis is renowned for the quality of its facilities and its customer support. The group consists of a hotel and a healthcare branch, with the latter comprising nine residential establishments for dependent elderly people, commonly known as “EHPAD” in France, and one senior services residence.
Univi provides support services for the elderly, vulnerable, and disabled. With over 4,000 dedicated employees, the group operates several hospitals, EHPAD residences, and homes to cater for its clients’ needs.
Following this transaction, Kerdonis will have sold its nine EHPAD and one services residence to Univi, resulting in the acquisition of 10 new senior establishments for them.
This will enable Univi to give new impetus to its business and strengthen its presence in France. The group will now operate a network of 65 senior residences, including 41 EHPAD, spanning a total of 89 establishments across three business segments. As a result of this transaction, nearly 400 new employees will be joining Univi’s workforce.
