Sanitas makes Spanish acquisition

Posted on April 1st, by editor in Caring Times. No Comments

Sanitas Residencial, BUPA Group’s Spanish care home provider, has bought the Euroresidencias’ care home and day centre portfolio from the Spanish company Saarema Inversiones. The acquisition means Sanitas Residencial is now Spain’s second biggest provider of long-term care with nearly 5,500 beds in 43 existing and planned homes. Euroresidencias’ 12 homes are in Madrid, Zaragoza, Linares (Jaén), Alicante, Vigo, La Coruña, Santander and Barcelona. Four new care homes are also in the process of being built in Madrid, Barcelona and Tarragona. The homes offer a comprehensive range of facilities for residents including for those with special physical and mental health needs. BUPA International managing director Dean Holden said the deal underlined the commitment of the Sanitas Group and BUPA to increasing its presence in the care services sector in Spain. Sanitas Residencial is the Sanitas Group’s subsidiary specialising in Long Term Care. It has 22 nursing homes in Madrid, Barcelona, Gerona, Lérida, Vizcaya

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