From GlobeNewswire: 2025-06-02 20:22:00

Extendicare Inc. has completed a transaction with Revera Inc. to acquire nine long-term care homes in Ontario and Manitoba, along with vacant land in Ontario, for approximately $60.3 million. The deal includes cash and assumption of liabilities. The acquired homes have a total of 822 long-term care beds and 574 retirement beds. Extendicare is a leading provider of care and services for seniors in Canada, operating under various brands. The company operates 99 long-term care homes, delivers home health care services, and provides group purchasing services to third parties. Contact David Bacon for more information.



Read more at GlobeNewswire: Extendicare Acquires Nine Long-Term Care Homes from Revera