Belgian retirement home group Vivalto in French hands

Vivalto Home and Vivalto Vie bear the same name because they were founded by the same people – French entrepreneurs Daniel Caille and Guillaume Raoux. The late Benoît della Faille also kept the Belgian Vivalto Home above the baptismal font.

Other parties bought out

However, the French group did not control the Belgian company. The shares were spread among a large number of parties. But now Vivalto Vie and the della Faille family have bought out the other parties, De Tijd reports. Vivalto Vie is now the majority shareholder, the family owns a minority interest.

Operationally no change

“This transaction was foreseen in the shareholders’ pact that the various parties had concluded at the time. So there is nothing unexpected about it,” responds Nicolas Petrovic, CEO of Vivalto Home. “Operationally nothing changes.”

200 million euros

The transaction would value the shares of the Belgian nursing home operator at just under 200 million euros. It was closed just before sector colleague Orpea was discredited due to possible abuses in his retirement homes. The deal was supervised by the investment bank Rothschild. Vivalto Home is a medium-sized private player in the Belgian nursing home sector. The Brussels group has been active since 2009 and operates a total of 32 nursing homes in Flanders, Brussels and Wallonia, good for almost 3,200 beds.