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    28.08.2017

    Altana Advises the Bastide Le Confort Médical Group in Five Acquisitions in France


    Paris, August 28, 2017

     

    Altana advised the Bastide Le Confort Médical group in five external growth transactions in France, four in Respiratory Assistance service delivery and one in the online sale of at-home care consumables.

     

    The group, in keeping with its growth strategy to rapidly strengthen its presence in the most promising and profitable sectors, has acquired four companies specializing in respiratory assistance:

    • Apnéa Médical and Cardair, located in eastern France,
    • Human’air, based in the east of the Ile-de-France and
    • Air Médial Santé, established in the southeast.

    They generate annual revenues of almost €6 Million and accompany close to 7,000 patients. The Bastide Le Confort Médical group now follows more than 47,000 patients, confirming its position as a key player in the market.

     

    Furthermore, the group finalized the acquisition of Sphère Santé, leader in the online sale of products for urinary disorders, with more than 280,000 clients served since its founding. Sphère Santé generates close to €10 Million in annual revenues.

     

    It should also be noted that the group has become the majority shareholder in Ulimed, a company specialized in enterostomal therapy, with a 51% stake (previously 26%). This company generates €8 Million in annual revenues

     

    With these five acquisitions, the Bastide Le Confort Médical group consolidates more than €23 Million in additional annual revenues. All five transaction were financed by the Group’s new syndicated credit facility announced last July.

     

    Counsel to Bastide Le Confort Médical

     

    Altana: Arnaud Fayolle and Marie-Renée Mbock

     

    Counsel to Apnéa Médical

     

    ACD: Philippe Sester

     

    Counsel to Cardair

     

    Frédérique Moehrel

     

    Counsel to Human’air

     

    Oratio Avocats: Julien Pineau

     

    Counsel to Air Médial Santé

     

    Claude Dauriac

     

    Counsel to Sphère Santé

     

    Grégoire Finance and Vincent Pellier

     

     

     

    About Altana

     

    Altana is an independent Paris-based business law firm of 80 lawyers with multi-disciplinary teams offering a combination of transactional and litigation expertise in the following areas:

     

    Arbitration/Mediation, Competition/Distribution, Construction & Real Estate Law, Corporate/M&A, Criminal Law, Employment, Insurance, Intellectual and Digital Property Law, Litigation, Public Economic Law and Restructuring.

     

    All 80 lawyers, including 22 partners, share the common values of entrepreneurial spirit, independence, commitment, international perspective, lasting and privileged client relations, effective involvement by the partners in each case, pragmatic and innovative solutions.

     

     

     

    Press Contacts

    Avocom Virginie Jubault v.jubault@avocom.fr / +33 (0)1 48 24 00 41   Nathalie Merle n.merle@avocom.fr / +33 (0)1 48 24 00 39

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