Quoted on the Paris stock exchange, and backed by the Canadian pension fund CPPIB, Orpea Groupe is one of the world’s largest nursing home groups. The French operator has more than 1,000 facilities and over 104,000 beds in 22 countries. It generated revenues of €3.9 billion last year and has a market capitalisation of €6.6 billion. It is expansionary and acquisitive. And in recent years, it has been on a land grab in Ireland. Last March, it confirmed the acquisition of TLC Group, the healthcare provider founded by Michael Fetherston, who also owns the K Club resort. The TLC purchase…

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