Korian

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KORIAN

logo
legal form Corporation
ISIN FR0010386334
founding 2001
Seat Paris , FranceFranceFrance 
Number of employees 47,000
sales 2.98 billion euros
Branch Nursing and support services
Website https://www.korian.com/en/
Status: 2016

Korian is a French company that is active in France , Germany , Italy and Belgium in four core areas: care facilities , rehabilitation centers for the elderly, assisted living and outpatient care services . The company name "Korian" can be traced back to the Japanese word "kokoro", which means "heart" in German.

History of Korian group

Today's Korian Group emerged from the merger of the two French retirement home operators Finagest and Serience in 2003, the aim of which was to establish a reference player in the care sector. Initially the company operated under the name Suren. Since then, the group has grown continuously both through acquisitions and the establishment of new branches.

In 2006, the takeover of Medidep and Korian's IPO were successfully completed. The following year Korian acquired both Segesta, the second largest Italian operator, and Phönix, the tenth largest German operator. With the partial takeover of the German nursing home operator Curanum in 2013, Korian further increased its share in the German market. Later in January 2015, Korian then acquired 100 percent of the shares in Curanum AG.

In March 2014, Korian and Medica shareholders approved the merger and acquisition of Medica by Korian at joint general meetings. This transaction completed the merger of the two companies that began on November 18, 2013.

At the beginning of 2016, the Korian Group announced the takeover of the German nursing home operators Casa Reha, Evergreen, Sentivo and Helvita.

In May 2016, Korian announced the acquisition of Foyer de Lork, a Flemish nursing home and retirement home company with 1,200 beds and a turnover of 70 million euros. With this acquisition, Korian becomes the second largest player in the industry in Belgium with a turnover of 290 million euros.

Today Korian is Europe's leading provider of care and nursing services for the elderly, with a capacity of more than 72,000 residents and patients and around 53,000 employees in France, Germany, Italy and Belgium. The group operates around 715 facilities, including 366 in France, 230 in Germany, 76 in Belgium and 51 in Italy.

activities

In France , Korian focuses its activities primarily in urban and suburban areas. In its rehabilitation centers, Korian pursues the goal of greater specialization in order to increase their efficiency and to integrate them as best as possible into the existing environment. In France, Korian is also introducing new forms of care that meet the recommendations of the national Alzheimer's plan, including: a. in day and short-term care as well as gerontological psychiatric services, and is also developing non-drug therapies to improve the care of people with Alzheimer's and other related cognitive disorders in all of these facilities.

In Italy , the Korian Group acquired Segesta, based in Milan, Italy, in July 2007. As of December 1, 2017, Korian has 55 facilities.

As of June 1, 2017, Korian managed 86 facilities in Belgium with a total of 9,500 beds.

In Germany , at the end of September 2007, Korian acquired Phönix, a company based in Bavaria and then the tenth largest operator in Germany. In 2011, Phönix acquired the Weidlich Group, which included 7 facilities with 697 beds. Korian began acquiring Curanum in 2013. At the beginning of January 2015, Korian acquired Evergreen, followed by the takeover of Casa Reha in November 2015. As of December 1, 2017 Korian has more than 230 facilities in Germany.

Korian in Germany

The Korian Group's holding company in Germany is Curanum AG. It operates under the name Korian Germany.

Korian Germany employs more than 21,000 people, operates 230 facilities (as of December 2017) with more than 25,000 inpatient care places and around 2,500 apartments in assisted living.

Korian Germany is active in three core areas: inpatient care, assisted living and outpatient care services. In addition, Korian Germany also offers a range of special services: Care of dementia patients, palliative care and other special forms of care (e.g. Apallic, young care, MS patients and addicts within the framework of SGB XII and COMO concepts in Hesse).

The group also includes 27 outpatient care services with around 1,200 customers and an increasing number of day care facilities. The group opened six new facilities in 2017; growth of seven facilities for inpatient care, COMO and assisted living is planned for 2018.

Arno Schwalie has headed the Korian Germany Group as CEO of Curanum since July 1, 2017. He is a member of the Executive Committee of Korian, France. Further members of the Management Board of Curanum AG are: Christian Gharieb (COO), Markus Scheitzach (CFO) and Eva Lettenmeier (CHRO).

Korian Germany offers a large number of training positions in its facilities every year. In the 2017/2018 training year, 238 young people started training as qualified nurses at Korian. Korian employs a total of 1,400 (as of September 2017) trainees. These are accompanied by practical instructors who help with school, practical or technical questions and provide information about the company and its structures. In addition, Korian offers advanced training for all professional groups in the company as part of the Korian Academy.

Supervisory board

Sophie Boissard has been CEO of the Korian Group since January 2016 and also Chairwoman of the Supervisory Board of Korian Germany since February 2016. She also chairs the Korian Foundation for Dignified Aging, the research foundation of the Korian Corporation. Further members of the Supervisory Board are: Phillippe Garin (CFO of Korian France and Deputy Chairman of the Supervisory Board of Curanum AG), Didier Armangaud (Board Member for Medicine, Ethics and Quality at Korian) and Remi Boyer (Personnel Director at Korian France).

Share structure

The Korian Group's shareholding is divided as follows:

  • 23.70% Predica
  • 13.84% Investissements PSP
  • 6.49% Malakoff Médéric Assurances
  • 55.97% others

Research: Korian Foundation for Aging with Dignity

The “Fondation du Bien Vieillir” (“Foundation for dignified aging”) based in Paris belongs to Korian. Korian set up the foundation to create a greater awareness in society of the challenges of aging. At the same time, aging research should be sustainably supported and promoted. The Korian Foundation for Dignified Aging works together with gerontologists, gerontologists, representatives of interest groups, futurologists and seniors on topics and problems that can be derived from the special needs of older people.

The foundation cooperates with research institutes and universities in the areas of non-drug therapies, aging research and tech innovations. Specialized topics are scientifically deepened and the use of innovative concepts is promoted through scientific studies. The research results are made available to science, stakeholders in the care sector and the interested public. Since 2015, the foundation has published an international study at regular intervals in which the everyday life of seniors (65+) in different European countries is compared. The study also offers a cross-generational comparison of the perception of aging (15 to 64 year olds) and examines different lifestyles and definitions of “feeling at home”.

Web links

Individual evidence

  1. ↑ a b c Who Are We website by Korian. Retrieved February 21, 2018.
  2. ↑ 2016 financial year with solid financial results ( memento of the original dated February 23, 2018 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. Korian press release. Retrieved February 21, 2018. @1@ 2Template: Webachiv / IABot / www.korian.de
  3. ↑ Medidep: projet fusion-absorption par Korian approuvé par les actionnaires Boursier.com. Retrieved February 21, 2018.
  4. ↑ Maisons de retraites privées: rapprochement des groupes Sérience et Finagest Lemoniteur.fr. Retrieved February 21, 2018.
  5. ↑ a b suras achève sa fusion avec Medidep et devient Korian Les Echos. Retrieved February 21, 2018.
  6. ^ Takeover battle for the old Frankfurter Allgemeine Zeitung. Retrieved February 21, 2018.
  7. ^ Korian: acquisition du Italian Groupe Segesta Boursier.com. Retrieved February 21, 2018.
  8. ^ Korian: l'acquisition du groupe Segesta a été finalisée Boursier.com. Retrieved February 21, 2018.
  9. ↑ Korian issues takeover offer for Curanum from Handelsblatt. Retrieved February 21, 2018.
  10. ↑ Maisons de retraite: un nouveau leader européen est né Challenges. Retrieved February 22, 2018.
  11. ↑ Casa Reha: Facts, Facts, Facts Website from Casa Reha. Retrieved February 21, 2018.
  12. ↑ Projet d'acquisition de Casa Reha: Korian poursuit sa stratégie de croissance en Allemagne ( Memento of the original from August 17, 2016 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. Korian press release. Retrieved February 21, 2018. @1@ 2Template: Webachiv / IABot / www.korian.com
  13. ↑ KORIAN-MEDICA RACHÈTE L'ALLEMAND EVERGREEN HOLDING GMBH Capital.fr. Retrieved February 21, 2018.
  14. ^ Korian se renforce en Belgique Le Figaro. Retrieved February 21, 2018.
  15. ↑ Korian va acquérir Foyer de Lork en Belgique, l'opération renforcerait le BPA dès 2016 Les Echos. Retrieved February 21, 2018.
  16. ^ Korian in Italia website of Korian Italy. Retrieved February 21, 2018.
  17. ^ Korian acquires portfolio of 1,000 beds in Belgium europe-re.com. Retrieved February 21, 2018.
  18. ↑ Korian reinforces its leading position in Belgium through its acquisition of a portfolio of 1,000 bed's ( Memento of the original from February 23, 2018 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. Korian press release. Retrieved February 21, 2018. @1@ 2Template: Webachiv / IABot / www.korian.com
  19. ^ Expansion website of Korian Germany. Retrieved February 21, 2018.
  20. ↑ CAR € Invest Exclusive: The ranking of the top 30 operators CAR € Invest. Retrieved February 21, 2018.
  21. ↑ Revenue up 5% in the third quarter of 2017 ( Memento of the original dated February 22, 2018 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. Korian press release. Retrieved February 21, 2018. @1@ 2Template: Webachiv / IABot / www.korian.com
  22. ↑ Board of Directors ( Memento of the original from February 23, 2018 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. Korian Germany website. Retrieved February 21, 2018. @1@ 2Template: Webachiv / IABot / www.korian.de
  23. ↑ Korian welcomes 238 new trainees in nursing ( memento of the original from February 23, 2018 in the Internet Archive ) Info: The archive link has been inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. Korian press release. Retrieved February 21, 2018. @1@ 2Template: Webachiv / IABot / www.korian.de
  24. ↑ Korian Academy ( Memento of the original from December 5, 2017 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. Korian Germany website. Retrieved February 21, 2018. @1@ 2Template: Webachiv / IABot / korian-karriere.de
  25. ↑ Supervisory Board ( Memento of the original dated February 23, 2018 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. Korian Germany website. Retrieved February 21, 2018. @1@ 2Template: Webachiv / IABot / www.korian.de
  26. ^ Korian's Shareholder Relations website. Retrieved February 21, 2018.
  27. ^ Les missions de la Fondation Korian pour le Bien Vieillir Website of the Fondation Korian pour le Bien Vieillir. Retrieved February 21, 2018.