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GIMV NV ( (GB:0EKR) ) has issued an announcement.
The Medi-Markt Group and Unizell Medicare GmbH are merging to form the Liveo Group, a significant player in the German homecare market, supported by GIMV NV. This merger aims to enhance the quality and efficiency of homecare services, offering a wide range of products and services for chronically ill or impaired individuals. The Liveo Group will employ over 450 people and achieve combined sales of approximately 150 million euros, retaining the brands of both merging companies. The merger is expected to improve digital solutions and innovative care offerings, benefiting patients, caregivers, and stakeholders, with GIMV holding a majority stake in the new entity.
More about GIMV NV
GIMV NV is a European investment company that has taken a majority stake in the Medi-Markt Group, a German homecare provider specializing in medical aids and homecare services. Medi-Markt offers consulting, direct supply of medical products, and patient care, focusing on incontinence and ostomy products. Unizell Medicare GmbH, also a leading homecare provider, focuses on incontinence care and collaborates with care services and medical supply retailers to enhance patient care. Both companies have a strong presence in the German homecare market.
YTD Price Performance: -3.56%
Average Trading Volume: 848
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €1.34B
For detailed information about 0EKR stock, go to TipRanks’ Stock Analysis page.