Business transfers

Mar 2019

The Centre de Réadaptation du Moulin Vert joins the LNA Santé group.

Customers and counterparties

The Centre de Réadaptation du Moulin Vert, specialised in the treatment of heart and respiratory conditions joins the listed group LNA Santé (previously Le Noble Âge) and its seventy establishments dedicated to the treatment of dependent persons and follow-up care.

As a recognised follow-up care and rehabilitation establishment in the Poitevin region, the Centre de Réadaptation du Moulin Vert provides holistic treatment to patients undergoing cardio-vascular rehabilitation from the moment they leave hospital until they return home thanks to its multidisciplinary team. The establishment of around forty full hospitalisation beds and thirty day-hospitalisation spots has modern premises that are equipped with the latest technology. By acquiring this specialised establishment, the LNA Santé group increases its revenue by another €5 M and thus strengthens its follow-up care and rehabilitation division that now totals 12 establishments.

The shareholders of the Centre de Réadaptation du Moulin Vert wished to be backed by an industry leader in France and mandated PAX Corporate Finance to this end. There were multiple issues for the directors of the Centre in this competitive process, where various purchasers showed interest. LNA Santé appeared to be the player that would be best suited to sustain the centre’s development while remaining faithful to the spirit and quality of care provided since it was created in 2004.

Associate members