Crédit Agricole Santé & Territoires to acquire home care provider Petits-fils

Crédit Agricole Santé & Territoires has entered into an agreement to acquire Petits-fils from Clariane. Petits-fils is a significant provider of home care services in France, specializing in support for seniors.

The acquisition positions Crédit Agricole Santé & Territoires to expand its footprint in the elder care sector. Petits-fils offers a range of services designed to assist seniors with daily living, including personal care and companionship.

The target company, Petits-fils, has built a strong presence in the French market, benefiting from demographic trends and a growing demand for in-home support. This move aligns with Crédit Agricole Santé & Territoires' strategy to broaden its offerings within the healthcare and social services industries.

This transaction is subject to customary closing conditions and regulatory approvals. Financial terms of the acquisition have not been disclosed. The deal is expected to enhance Crédit Agricole's capabilities in financing and developing healthcare and social services.