Icade Santé SAS signed an agreement to acquire 2 nursing homes in Le Teilleul and Notre-Dame-de-Sanilhac from Korian (ENXTPA:KORI) for €14.5 million on December 19, 2019. Icade Santé SAS will acquire duties as well. In a related transaction, Icade Healthcare Europe signed an agreement to acquire a new nursing home for €11 million and is also committed to acquiring two additional facilities with 200 beds currently under construction for €24 million after their completion. Korian will continue to operate both facilities.

Icade Santé SAS completed the acquisition of 2 nursing homes in Le Teilleul and Notre-Dame-de-Sanilhac from Korian (ENXTPA:KORI) for €13 million on December 16, 2021.