Merger strengthens care and living in old age
The Tertianum Group from Dübendorf has taken over the Senevita Group, which is also active in the care sector. The merger is intended to improve the area of nursing and residential care for the elderly. The takeover has been approved by the Competition Commission.
The Dübendorf-based Tertianum Group has acquired the Senevita Group, which previously belonged to the French care group Emeis from Puteaux. According to a press release, the transaction has already been approved by the Competition Commission(COMCO). The parties have agreed not to disclose the takeover price.
The merger of the two care groups is intended to improve the entire area of nursing and residential care for the elderly in German-speaking Switzerland. Both companies combine high quality standards, regional roots and a clear commitment to social responsibility in the care sector, according to the press release.
“I would like to warmly welcome the employees of the Senevita Group to our joint company. They complement the Tertianum Group perfectly – with their expertise, commitment and professionalism. We are proud to be working with them under one roof in the future to become even better together,” Luca Stäger, CEO of Tertianum Group, is quoted as saying in the press release. “The merger also complements our geographical presence, enables numerous synergies in operational excellence through mutual learning and creates new perspectives for all employees.”
The now joint company will provide needs-based care for 10,000 guests. The Tertianum Group now has a total of 6,400 care beds and 4,300 age-appropriate apartments at 140 locations throughout Switzerland. In order to secure the next generation of nursing staff, 800 apprentices are being trained.