Regulatory News:
Clariane (Paris:CLARI) (CLARIA.PA – ISIN FR0010386334): the Group announces today that it has received a promise to purchase from the Fondation Santé Service and has granted exclusivity for the sale of all of its Home Hospitalization and Home Nursing Services (HAD/SSIAD) activities in France. This agreement comes following a call for tender process in which several players in the sector participated.
Recognized as a public utility since 2013, the Fondation Santé Service is the leading French player in home hospitalization (HAD) and takes care of and coordinates within its HAD, SSIAD and PSAD activities more than 2,000 patients of all ages affected. acute or chronic pathologies, mainly in oncology, palliative care, complex wounds, rehabilitation, perinatal and geriatrics.
In addition to its care services, the Fondation Santé Service has developed a research and innovation activity focused on home care and home hospitalization services.
The activities sold by the Clariane Group would represent 8 home hospitalization establishments, including two located in Ile de France, and 3 nursing care and home help service agencies. They employ 309 people (full-time equivalent) and achieved a turnover of around €46.5 million in 2023.
All of these establishments rely on high-level operational processes that meet the requirements expected in the exercise of their missions and the expectations of patients. As such, they comply with the best quality standards of the High Authority of Health and the ISO 9001 standard deployed by Clariane.
The operation would be subject to the finalization of legal documentation as well as the transfer of administrative authorizations by the competent health authorities.
The information and consultation process with the staff representative bodies concerned has been initiated.
The entire net proceeds from this sale will be used to repay the Group’s debt.
This operation is part of the plan to strengthen the Group’s financial structure announced on November 14, 2023, which includes a program for the sale of operational and real estate assets as well as capital partnerships for an expected amount of approximately 1 billion euros in gross proceeds from disposals, intended to reduce its debt and financial leverage.
With this operation, which would be added to the operations already finalized in March and April, in the United Kingdom and the Netherlands, the Group would complete a little more than 40% of its total disposal program.
Warning
This press release does not constitute and cannot be considered as constituting an offer to the public or an offer to purchase or as intended to solicit the interest of the public with a view to a transaction by public offer, and it does not There shall be no sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful absent registration or approval under the securities laws of such state or jurisdiction. The distribution of this document may, in certain countries, be subject to specific restrictions. Persons in possession of this document are required to inform themselves of any local restrictions and comply with them.
A prospectus relating to the capital increase will be submitted by Clariane SE for approval by the Financial Markets Authority before the actual launch of the capital increase.
All forward-looking statements included herein speak only as of the date of this press release. Clariane SE makes no commitment and assumes no responsibility for updating the information contained in this document beyond what is prescribed by the regulations in force.
In this press release, and unless otherwise indicated, all variations are expressed on an annual basis (2024/2023), and at constant scope and exchange rates.
The main alternative performance indicators (IAP), such as the notions of “EBITDA”, “EBIT”, “net debt” or even “financial leverage”, are the subject of a definition accessible in the Universal Registration Document available on the company’s website www.clariane.com
About Clariane
Clariane is the first European community of care in moments of fragility. It is present in six countries: Germany, Belgium, Spain, France, Italy and the Netherlands.
With their different expertise, the Group’s 70,000 professionals work each year to serve nearly 900,000 patients and residents in three major areas of activity: nursing homes (Korian, Seniors Residencias, etc.), establishments and health services (Inicea, Ita, Grupo 5, Lebenswert, etc.) as well as home and alternative housing (Grandsons, The Essentials, Ages and Life, etc.).
In June 2023, Clariane became a mission-driven company and included in its statutes a new purpose, common to all its activities: “Taking care of everyone’s humanity in moments of fragility”.
The Clariane group has been listed on Euronext Paris Section A since November 2006.
Euronext ticker: CLARI.PA – ISIN: FR0010386334
View the Source version on businesswire.com: https://www.businesswire.com/news/home/20240506353819/en/
 activity in France){kind=link}