Bastide: extension of authorization to operate in Canada
(CercleFinance.com) - The Bastide Group announces the extension of its authorization to operate in the field of respiratory assistance in British Columbia, Canada.
This extension of authorization represents potential full-year sales of 5 million Canadian dollars (3.4 million euros).
As part of its strategy of divesting assets with low potential for organic growth and/or additional value creation, Bastide has also announced the sale of its French subsidiary CICA PLUS, which specializes in chronic wound care services.
CICA PLUS generated sales of 3.4 ME in 2023-2024, with a loss-making EBITDA.
The company will be deconsolidated as of October 1, 2024.
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