PRESS RELEASE
MEDICA finalizes the acquisition of Senior Living Group
PARIS, 30 September 2013 - MEDICA, a leading provider of long and short-term dependency care in France, has finalized today the acquisition of Senior Living Group, the leading private provider of long-term care in Belgium.
This transaction is a major step forward in MEDICA's development in Europe. The network operated by MEDICA now comprises 22,613 beds. MEDICA's organic growth pipeline is also strengthened with a portfolio of 3,537 beds being restructured or built.
MEDICA expects to generate full-year revenue in excess of 825 million in 2013, due to organic growth of at least 7 % and the integration of SLG from 1st October 2013.
Publication of Q3 2013 revenue on 22 October 2013 before start of trading.
ABOUT MEDICA
Formed in 1968, MEDICA is a leading provider of long- and short-term dependency care in France. It operates both in long-term care sector, with nursing homes in France and Italy, and in the post-acute and psychiatric care sector. In these two sectors, the group operated a total of over 17,100 beds and employed over 10,800 people as at 30 June 2013.
MEDICA has been listed on the NYSE Euronext Paris stock exchange since February 2010 - Compartment B - Eligible for the Deferred Settlement Service, long only.
MEDICA is included in the SBF 120, Euronext CAC Healthcare, MSCI France Small Capet Gaia Index. Code: MDCA - ISIN : FR0010372581 - Reuters: MDCA PA - Bloomberg: MDCA FP
Website: www.groupemedica.com
MEDICA - Closing of SLG - 1 -
CONTACTS INVESTOR RELATIONS MEDICA Watchowah ConsultingChristine Jeandel - Deputy Chief Executive Didier Laurens christine.jeandel@medica.frTel : + 33 (0) 1 47 64 7820
medica@watchowah.com
Eric Schwartz - Finance Director eric.schwartz@medica.fr
Tel : +33 (0) 1 41 09 95 20
INVESTOR RELATION SRI MEDICAIsabelle Moinot - Head of SRI Tel : +33 (0) 1 41 09 95 20
isabelle.moinot@medica.fr
MEDIA RELATIONS Eudoxie PRAgnès Gilbert
Tel : +33 (0) 1 70 38 25 54 a.gilbert@eudoxie-pr.com
MEDICA - Closing of SLG - 2 -
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