Ramsay doubles French presence

Ramsay Health Care has agreed to buy the largest operator of psychiatric hospitals in France for €150m (about $224m) with a mix of cash and existing debt facilities.   The purchase of Medipsy will nearly double Ramsay’s presence in France. The 2600 bed network of clinics produced €150m of revenue this year but is only expected to enhance earnings from 12 months' time. Medipsy offers a range of psychiatric treatments to patients and hosts continuing education courses to train psychologists and physicians. Ramsay first entered the French market in 2010 when it purchased 57% of hospital operator Group Proclif...

Ramsay Health Care has agreed to buy the largest operator of psychiatric hospitals in France for €150m (about $224m) with a mix of cash and existing debt facilities.  

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles