Korian accelerates the development and diversification of its platform in the Netherlands through 2 new acquisitions

Six months after entering the Dutch market, Korian Group accelerates its growth in the Netherlands with the acquisition of two fast-growing networks and diversifies its offering from dementia care to independant living and rehabilitation centers. 

Korian will acquire 9 assets (3 existing ones and 6 sites under development totaling 250 beds and appartements by 2021) developed by Het Gouden Hart, a family owned company that has specialized in care residences combining assisted living appartments with ambulatory medicalized care services. 

Korian has also reached an agreement with Ontzorgd Wonen, currently the largest private operator in the Netherlands to acquire 5 facilities, representing 240 units, of which 2 geriatric rehabilitation centres located close to Amsterdam. 

In June 2019, the Group entered the dutch market through the acquisition of Stepping Stones, a specialized company which operates14 small-sized residential facilities specialized in the care of Alzheimer’s disease and cognitive disorders. 

Korian portfolio in the Netherlands will reach 50 sites by the end of 2021, representing a diversified offering encompassing care villas and coliving, local service platforms and geriatric post acute small-sized centers.