Orpea’s Irish operation is attempting to continue with its initial capital-intensive strategy to build upon the leading position it secured through a series of acquisitions in the past two years, while making contingency plans in case its French parent faces a liquidity crisis in the New Year, new company documents show. The first quarter of 2023 will be make-or-break time for the solvency of the French care giant and its recently renamed subsidiary Orpea Residences Ireland, which operates 23 Irish nursing homes and has a development pipeline for four new ones. They employ more than 1,800 staff and cater for…
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