Monthly Archives: January 2018

Verdane sells Outnorth to Egmont

Verdane

Verdane Capital VII has agreed to sell its holding in Outnorth, the leading online retailer of outdoor products and apparel in Scandinavia, to the Nordic media group Egmont.

Founded in 2005, Outnorth is an online retailer of outdoor products and apparel, focused on high-quality Scandinavian brands and private label products that represent good design and functionality for an active outdoor lifestyle. Verdane Capital VII (Verdane) made its first investment in the company in 2010.

“We saw the potential for Outnorth in a Scandinavian market fuelled both by a shift in Scandinavian lifestyle trends, and the transition in retail from offline to online, creating demand for high-quality products delivered through an easy-to-use online trading and logistics platform,” says Staffan Mörndal, Partner at Verdane Capital Advisors.

Since Verdane’s investment, Outnorth has grown from its Swedish base to become an online market leader in Scandinavia, and with significant sales in Germany. In 2017, the company had revenues of SEK 430 million, representing a 20x growth compared to 2010.

Today, Verdane announced that it has entered into an agreement to sell its holding in Outnorth to existing shareholder and leading Nordic media group, Egmont.

“We are proud to have been part of Outnorth’s journey together with the company’s excellent employees, management team and other owners. Outnorth is well-positioned for future growth, both in Scandinavia and in other important growth markets, and we look forward to following the company in the years to come,” says Mörndal.

The Nordic sports market is estimated to around EUR 10 billion, with an online market share of around 25%. Outnorth has been instrumental in developing the online category in the Nordics.

“Backed by Verdane and the other owners, we have refined our online offering, logistics and go-to-market models, including the successful development of our portfolio of private label products. This have put us in a sweet spot as the leading online retailer of outdoor gear and apparel in Scandinavia, with a great growth potential in the region and beyond. We are looking forward to our next phase of growth together with Egmont,” says Lars Nykvist, CEO of Outnorth.

 

For further information, please contact:

Staffan Mörndal, staffan.morndal@verdanecapital.com +46 70 93 15 235

Lars Nykvist, CEO Outnorth, lars.nykvist@outnorth.com +46 76 836 29 90

 

About Verdane Capital:

Verdane funds provide flexible growth capital to fast growing software, consumer internet, energy or high-technology industry businesses. The funds are distinctive in that they can invest either in a single company, or in portfolios of companies. Verdane funds have €900m under management and have invested in over 300 holdings over the past 14 years. Verdane Capital Advisors has 29 employees working out of offices in Copenhagen, Helsinki, Oslo and Stockholm. More information can be found at: www.verdanecapital.com

 

About Outnorth

Outnorth is working to inspire more people to explore and enjoy outdoor life. We do it by offering the best products from and for Scandinavia, based on knowledge and experience. We are Scandinavia’s leading online retailer in outdoor products and have clothing, shoes and equipment for outdoor activities and training. For more information, visit: www.outnorth.com

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Kanalservice Holding acquires Jeschke Umwelttechnik GmbH

Ufenau

At the beginning of the new year,we are pleased to announce that Kanalservice Gruppe has successfully acquired Jeschke Umwelttechnik GmbH. Jeschke Umwelttechnik is headquartered in Stutensee close to Karlsruhe, Germany, and has more than 30 highly trained employees in the field of sewer renovation. Jeschke Umwelttechnik has a unique expertise in the installation cured-in-place pipe liners and is a full -service provider in this field.

In recent years, the company has established itself as a leading player in the sewer renovation segment for public-sector customers in southwestern Germany. The cured-in-place pipe lining process is a common method for trenchless rehabilitation of buried, non-pressurized drainage networks, such as the sewer system. In the process, a fiberglass hose (tube liner) impregnated with synthetic resin is drawn into a tube and then cured by UV light. Kanalservice Gruppe, with headquarters in Switzerland, is the owner of Mökah Gruppe that offers sewer cleaning, inspection, renovation as well as suction and surface cleaning services with 170 employees.

“I am very happy that I found the ideal partner in Kanalservice Gruppe to further grow the company organically as well as for acquisitions. I am convinced that the acquisition lays the foundation for a successful, long-term collaboration. I am looking forward to the execution of our growth strategy in the coming years” says Steffen Jeschke, CEO and owner of Jeschke Umwelttechnik.

“We are delighted, that with Mr. Jeschke and his team we found proven experts in the cured-in-place pipe lining segment in southwestern Germany as a strategic addition to Kanalservice Gruppe.

Mr. Jeschke will continue his successful work as CEO of Jeschke Umwelttechnik and we are happy to welcome him as a shareholder of the group ”adds Ralf Flore, Managing Partner at Ufenau Capital Partners.

Sincerely, your Ufenau Team

 

About Ufenau Capital Partners

Ufenau Capital Partners is a privately owned Swiss Investor Group headquartered at the Lake Zurich which advises private investors, family offices and institutional investors with their investments in private equity. Ufenau Capital Partners is focused on investments in service companies in German – speaking Europe and invests in the Education & Lifestyle, Business Services, Health Care and Financial Services sectors. Through a renowned Group of experienced Industry Partners (Owners, CEOs, CFOs), Ufenau Capital Partners pursues an active value-adding investment approach on eye-level with entrepreneurs and managers.

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Partners Group fully exits VAT Group AG, the Swiss-listed global leader in the production of high-end vacuum valves

Partners Group

Partners Group, the global private markets investment manager, has, on behalf of its clients, sold its remaining stake in VAT Group AG (“VAT” or “the Company”), the leading global developer, manufacturer and supplier of high-end vacuum valves. The sale completes Partners Group’s exit from the Company, which has generated a gross return of 6x on the original investment and a gross IRR of 74%.

Headquartered in Haag, Switzerland, VAT produces vacuum valves that are mission-critical components in the advanced manufacturing processes required to produce products such as portable electronic devices, flat-screen monitors or solar panels. Partners Group acquired VAT on behalf of its clients in February 2014, together with its investment partner Capvis. During the holding period, Partners Group worked alongside the Company’s management team on a series of Board-led value creation initiatives.

Heinz Kundert, CEO of VAT, comments: “Partners Group has been instrumental in helping to build VAT into the Company it is today, using its Board presence to drive forward the institutionalization of the business and taking a hands-on approach across a wide range of value creation initiatives. Partners Group’s period of ownership contributed to the laying of strong foundations for the future growth of our Company.”

Fredrik Henzler, Partner and Co-Head of Industry Value Creation, Partners Group, states: “When we acquired VAT, it was already the market leader in its category based on the strength of its technology, but it was less mature in non-technical areas. Our value creation strategy therefore focused on providing VAT with a road map for growth that would strengthen its organizational, process and financial capabilities.”

VAT was able to grow its revenues by a CAGR of 11% between 2013 and 2015, eventually listing on the SIX Swiss Exchange in April 2016 (ticker: VACN) with an offer price of CHF 45. Today, VAT’s shares have tripled in value and the company has doubled its employee count to 2,000 from over 1,000 at the time of Partners Group’s initial investment.

Alfred Gantner, Partner, Co-Founder and Member of the Board of Directors of Partners Group, comments: “We are pleased with our investment in VAT and the Company’s success to-date. Due to VAT’s solid corporate and financial development, its potential has also been recognized by the public market since its IPO in 2016, with its share price performance reflecting demand from investors to participate in the success story of this high-quality business.”

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EQT Credit completes financing to leading premium school group Inspired

eqt

EQT Credit, through its Mid-Market Credit investment strategy, today announces that it has provided EUR 115 million of financing to support Inspired’s (the “Company”) acquisition strategy.

Inspired is a leading global operator of over 30 premium schools in Europe, Australia, Africa, the Middle East and Latin America. The Company has grown rapidly by building new schools and acquiring existing successful ones around the world and currently educates over 24,000 students between the ages of 1 and 18.

Inspired was founded by Nadim M. Nsouli, Chairman and controlling shareholder. Additional shareholders include TA Associates, Oakley Capital, the Oppenheimer family, the Mansour Group, Genesis Capital and Graeme Crawford (founder of Reddam House).

Paul Johnson, Partner at EQT Partners’ Credit team, Investment Advisor to EQT Credit, commented: “Inspired has rapidly developed into one of the largest international premium K-12 platforms and we have been impressed by the high-quality portfolio of schools. Inspired is led by an ambitious and driven management team, and we are pleased that EQT Credit has been able to provide a financing solution to suit the requirements of the Company and its shareholders”.

Nadim Nsouli, Founder and Chairman of Inspired, commented: “We are pleased to team up with EQT Credit as we continue to acquire some of the leading premium schools around the world. Inspired has an ambitious growth plan driven by an entrepreneurial team and supported by world class educators. EQT Credit’s support will be greatly valued in the coming years.”

Contacts:
Paul Johnson, Partner at EQT Partners, Investment Advisor to EQT Credit, +44 207 430 5554
Nakul Sarin, Director at EQT Partners, Investment Advisor to EQT Credit, +44 755 128 9396
EQT Press Office, +46 8 506 55 334, press@eqtpartners.com

About EQT
EQT is a leading alternative investments firm with approximately EUR 38 billion in raised capital across 25 funds. EQT funds have portfolio companies in Europe, Asia and the US with total sales of more than EUR 19 billion and approximately 110,000 employees. EQT works with portfolio companies to achieve sustainable growth, operational excellence and market leadership.

More info: www.eqtpartners.com

About EQT Credit
EQT Credit invests through three complementary strategies: senior debt, Mid-Market Credit (direct lending) and credit opportunities. Since inception, EQT Credit has invested approximately EUR 4.0 billion in 150 companies. EQT Credit’s direct lending strategy seeks to provide flexible, long-term debt capital solutions to medium-sized European businesses, across a wide range of sectors. These businesses may be privately-owned corporates seeking alternative funding to grow or be the subject of private equity-led acquisitions or refinancings.

For more information: www.eqtpartners.com/Investment-Strategies/Credit

About Inspired
Inspired is a leading premium schools group operating in Europe, Australia, Africa, the Middle East and Latin America educating over 24,000 students across a global network of over 30 schools in 10 countries. Inspired offers a fresh and contemporary approach to education by re-evaluating traditional teaching methods and curriculums, and creating a more dynamic, relevant and powerful educational model.

For more information: www.inspirededu.co.uk

 

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Mérieux Développement and Gimv announce the signature of an exclusivity agreement with a view to acquiring Stiplastics Healthcaring

GIMV

Mérieux Développement and Gimv, together with the management team, announce that they have signed an exclusivity agreement with Stage Capital, Stiplastics Healthcaring’s majority shareholder, with a view to acquiring the company.

Stiplastics Healthcaring, which was founded in 1985 and has been owned by Stage Capital (formerly NBGI) since 2013, designs, develops and manufactures standard and smart plastic solutions for the pharmaceutical industries and the health sector. Based in Saint-Marcellin (Isère – France), the company currently employs over 90 people on a 10,000 m2 industrial site opened last October. The Group expects to achieve turnover of EUR 21 million in the current 2017/2018 financial year, 98% of which will be generated by the health sector. Exports account for 55% of Stiplastics’ turnover, thanks to its development of devices for the dispensing of solid-form medications (especially in the USA).

Stiplastics Healthcaring has over 30 years’ experience in medical plastics. It works with customers throughout the entire process, from formulating the exact needs until the product is launched. It is a recognised specialist in the area of treatment observance, and its range of “intelligent” pill dispensers encourage treatment observance, and make administering and taking medicines easier and safer. It has also built solid expertise in solutions for respiratory diseases. Stiplastics Healthcaring works in partnership with pharmaceutical industry leaders and has recently developed an inhalation device.

The company has a strong development potential in the connected health sector, with new products in the pipeline and a modern workshop for the production of electronic products in a controlled environment. In order to meet the new needs of patients and healthcare actors faced with changing pathologies and uses, and more specifically the increasing prominence of connected care, the Group has set up its IoC [Internet Of Care]® unit, which is dedicated to designing, developing and producing e-health medical devices. In addition, several partnership agreements were finalised in 2017 in what is an extremely promising sector, which will benefit patients and practitioners alike.

Mérieux Développement and Gimv[1] have joined forces to acquire Stiplastics Healthcaring. They will contribute their complementary expertise in the health sector and support the growth of this French company. Stiplastics Healthcaring will remain under the operational management of Jérôme Empereur and Laetitia Le Gall, who have successfully developed this high-performing industrial platform, whilst creating real sales momentum in recent years.

“The Mérieux Développement – Gimv consortium is an ideal tandem that will allow Stiplastics Healthcaring to grow further and accelerate its development. They bring to the table health sector specialists as well as substantial financial resources, which is perfectly suited to support the Group’s growth challenges” explained Jérôme Empereur, Stiplastics Healthcaring’s Chairman-CEO.

“Our decision to invest in Stiplastics Healthcaring is based on our assessment of the strength of the management team and our shared ambition on the company’s future. In particular, we have jointly identified the increased need for innovative solutions to improve observance and administration of medicines. We are delighted to be the new reference shareholder of this French company and to be given this opportunity to support its innovative strategy and international development plans.” says Jean-François Billet, Senior Partner at Mérieux Développement.

“Stiplastics Healthcaring has all the necessary assets to become a European market leader, including cutting-edge production facilities, excellent regulatory expertise and a deep understanding of its clients’ needs. We are very proud that Jérôme Empereur and the entire management team have chosen the Mérieux Développement-Gimv consortium to support them in their ambitious growth plans,” adds Benoit Chastaing, Partner Health & Care at Gimv.

The transaction is expected to close by the end of January 2018. No further financial details about this transaction will be disclosed.

 

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Eurazeo Patrimoine announces the acquisition of C2S GROUP

Eurazeo

Eurazeo Patrimoine, the Eurazeo division specializing in investments in tangible assets, is pleased to announce the acquisition of C2S Group from Bridgepoint. The investment company will invest c. €100 million to become the group’s majority shareholder, alongside management and medical practitioners.

The transaction is subject to the approval of the French Competition authority and should be completed in the first quarter of 2018. C2S Group is the eighth largest private clinic operator in France and a regional leader in Auvergne, Rhône-Alpes and Burgundy Franche-Comté. It operates 11 clinics, primarily specializing in short and medium-length stays in general medicine, surgery and follow-up care. It also wns the buildings for seven of its clinics. The group has 500 medical practitioners, who are partners in the group’s governance and nearly 1,800 employees. In 2016, it treated over 235,000 patients (75% as outpatients) and reported revenue of €158 million. The group’s growth is founded on long-term societal trends. The French hospital care market was €195 billion 2015 (second largest in Europe) and is growing steadily.

C2S also enjoys an ideal regional footprint in one of the most densely populated and attractive areas in France. C2S Group has strengthened the management of its operations and real estate assets, while implementing an active external growth strategy,acquiring notably Hôpital Privéd’Ambérieu in 2015 and the Avenir Santé Group in 2016.

Since 2015, it has invested heavily in modernizing the group and improving its operating performance, benefiting from a relationship of trust with regional health authorities. Eurazeo Patrimoine’s experience in accompanying companies, combined with its real estate management expertise and its historical knowledge of the region, will drive the acceleration of C2S Group’s development, particularly through external growth.

For Renaud Haberkorn, Managing Partner and Head of Eurazeo Patrimoine: “We’re thrilled to offer our real estate and operational support and expertise to C2S Group. Its development and transformation in recent years has been quite remarkable. With its strong local footprint and Eurazeo Patrimoine’s support, we’re sure the group will continue its growth momentum and seize the many development opportunities available to it. This investment fits perfectly with Eurazeo Patrimoine’s strategy at the crossroads of the real estate and private equity businesses.”

For Jean Rigondet, Chairman of C2SGroup: “We’re delighted to welcome Eurazeo onboard and to work together to continue the group’s development strategy. With Bridgepoint ’s support, we successfully completed several projects and undertook essential work across all our clinics. We’re now eager to start a new chapter in C2S Group’s history alongside Eurazeo Patrimoine.

Further improvements in performance will be founded on exemplary medical governance and our teams, of which we are immensely proud, confirming our position in the Greater Center-East region.”

About Eurazeo

With a diversified portfolio of approximately ~€8 billion in assets under management, Eurazeo is a leading global investment company with offices in Paris and Luxembourg, New York, Shanghai and Sao Paolo. Its purpose and mission is to identify, accelerate and enhance the transformation potential of the companies in which it invests. The firm covers most private equity segments through its five business divisions – Eurazeo Capital, Eurazeo Croissance, Eurazeo PME, Eurazeo Patrimoine and Eurazeo Brands. Its solid institutional and family shareholder base, robust financial structure free of structural debt, and flexible investment horizon enable Eurazeo to support its companies over the long term. As a global long-term shareholder, the firm offers deep sector expertise, a gateway to global markets, and a stable foothold for transformational growth to the companies it supports.

Eurazeo is listed on Euronext Paris.

ISIN: FR0000121121 – Bloomberg: RF FP – Reuters: EURA.PA

 

 

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Global Fashion Group appoints new leadership and Board director

Kinnevik

Kinnevik AB (publ) (“Kinnevik”) today announced that Global Fashion Group (“GFG”), the leading online fashion destination for growth markets, has appointed Christoph Barchewitz and Patrick Schmidt as Co-Chief Executive Officers effective 1 February 2018. In addition, Kinnevik’s CEO Georgi Ganev will join GFG’s Board of Directors.

Under the new leadership, GFG will continue to expand its position as the leading online fashion and sports destination in its markets, strengthen partnerships with international and local brands, and further improve the customer experience.

Christoph Barchewitz, Co-CEO-elect of GFG, commented:

“I am very excited to take on this new role and look forward to continue developing GFG, Kinnevik’s largest private asset, in this new capacity. With Patrick’s operational knowledge, and my experience from the Board of GFG and in e-commerce investing, I believe we have highly complementary skill sets to pursue the significant fashion e-commerce opportunity in GFG’s markets.”

Georgi Ganev, CEO of Kinnevik, commented:

“I am delighted to join the Board of GFG in this next chapter for the company, and would like to congratulate both Christoph and Patrick on their new roles. Christoph’s appointment is a testament to Kinnevik’s commitment to active ownership, as well as our aim to offer our employees continuous career development opportunities.”

Christoph Barchewitz joins GFG from Kinnevik where he has been an Investment Director since 2014, focusing on the development of the e-commerce investments, including Zalando, GFG, and several other companies. Christoph has served as a Board Director of GFG since 2015. Prior to joining Kinnevik, he spent seven years at Goldman Sachs.

Patrick Schmidt joins from The Iconic, GFG’s Australian business, where he has served as CEO since 2013. Prior to joining The Iconic, Patrick founded Groupon Australia and later oversaw Groupon’s Latin American business. He started his career as a strategy consultant at Boston Consulting Group.

Georgi Ganev, Kinnevik’s CEO since 1 January 2018, will join GFG’s Board of Directors in February.

GFG’s press release published today can be found on their website:
www.global-fashion-group.com.

 

For further information, visit www.kinnevik.com or contact:

Torun Litzén, Director Investor Relations
Phone +46 (0)70 762 00 50
Email press@kinnevik.com

Kinnevik is an industry focused investment company with an entrepreneurial spirit. Our purpose is to build the digital consumer businesses that provide more and better choice. We do this by working in partnership with talented founders and management teams to create, invest in and lead fast growing businesses in developed and emerging markets. We believe in delivering both shareholder and social value by building well governed companies that contribute positively to society. Kinnevik was founded in 1936 by the Stenbeck, Klingspor and von Horn families. Kinnevik’s shares are listed on Nasdaq Stockholm’s list for large cap companies under the ticker codes KINV A and KINV B.

Categories: People

Fresks acquires Färingsö Trä

Litorina

Fresks continues to expand through the acquisition of Byggvaruhuset Färingsö Trä AB (Färingsö Trä) who operates a building material store in Ekerö outside Stockholm. Previous owners will reinvest part of the proceeds from the transaction in Fresks Group and Peter Skoog will remain CEO of Färingsö Trä post the transaction.

Färingsö Trä was founded shortly after World War II as a branch to Bromma Trä. Peter Skoog and Stefan Poulsen, who have worked in Färingsö Trä since the 1980s, have run the company and been its main owners since 2004. Today, Färingsö Trä has about 40 employees and a turnover of approximately SEK 130 million.

After the acquisition Fresks Group will have a total of 26 stores with pro forma revenues of approximately SEK 1.7 billion and c. 470 employees.

For further information, please contact:

Leif Lindholm, +46 70 698 27 00, CEO Fresks Group

Fresks, founded in 1862 is a leading Swedish building material retail chain in Sweden focused on the professional segment. The company has 26 stores under the brands XL-BYGG Fresks, XL-BYGG Östergyllen and Gärdin & Persson. Fresks sells high quality building material with high degree of service primarily to small and mid-sized professional customers. For more information, please visit www.fresks.se and www.gardinpersson.se

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SoftBank Vision Fund invests €460 million in DN Capital Portfolio Company AUTO1

DN Capital

AUTO1 Group, Europe’s leading multi-sided platform for the used car sector, today announced a € 460 million investment by SoftBank Vision Fund. The investment, of which around half will be made through the issue of new shares, values AUTO1 at €2.9 billion and will support the Group’s continued growth and international expansion. DN Capital led the Series A round in 2013. AUTO1 Group’s technology enables dealers as well as private individuals to trade seamlessly throughout Europe via an analytics and logistics platform that most efficiently matches supply and demand for used cars. Since launching in 2012, AUTO1 Group has expanded into more than 30 countries, trading with over 35,000 professional partners and selling over 40,000 cars per month. SoftBank’s Akshay Naheta will join the AUTO1 Group board following the investment.

AUTO1 Group Co-CEO Hakan Koç said: “We are delighted to welcome SoftBank Vision Fund, one of the largest tech funds in the world, as an investor in AUTO1 Group. We believe that the Fund’s deep investment and technology expertise will help us to accelerate our growth as we continue to focus on making the used vehicle market more efficient and transparent.”

 

Akshay Naheta, Partner at SoftBank Investment Advisors, said: “AUTO1 Group has built a fast growing, data-enabled platform introducing efficiency and transparency to the fragmented used car market, which is worth more than $300 billion annually. The SoftBank Vision Fund’s capital and our operational expertise with marketplace businesses will support continued global growth.”

 

 

About Auto1 Group

Founded in 2012, AUTO1 Group is Europe’s leading multi-sided platform for the used car sector. As an independent multi-brand platform, AUTO1 Group is aimed primarily at the used car trade and offers over 35,000 professional partners the opportunity to access a diversified portfolio of more than 40,000 vehicles. By connecting buyers and sellers through technology the company enables dealers and increasingly consumers to trade seamlessly throughout Europe. AUTO1 Group owns business units like AUTO1.com, Autohero.com or wirkaufendeinauto.de. AUTO1 Group matches supply and demand for used cars in over 30 countries. In 2016 the company sold more than 300,000 vehicles and achieved revenues of EUR 1.5 billion. For more information please visit www.auto1-group.com.

About DN Capital

DN Capital is a leading early stage and growth capital investor focused on Seed, Series A and select series B investments in marketplaces, digital health, fintech, SaaS, digital media, e-commerce, mobile applications and software companies. The firm was founded in 2000 and has operations in London, Berlin and Silicon Valley. DN Capital’s previous funds are top performers and the firm is one of the lead investors in companies such as Endeca (sold to Oracle), Shazam (one of the world’s leading mobile apps), Auto1 (world’s largest used car marketplace), Purplebricks (IPO London) and Quandoo (sold to Recruit). The professionals at DN Capital bring over 75 years of private equity & venture capital experience to their investments, and actively work with portfolio companies to steward their growth through the various stages of development. Additional information about the firm and its portfolio companies can be found at http://www.dncapital.com.

For further information

Kanira Shah

Investor Relations

DN Capital

Kanira@dncapital.com

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ONELA, Colisée’s new home care services Brand Name

ik-investment-partners

Paris – January 15th 2018 – Colisée reaffirms its commitment to senior citizens and their loved ones’ care with the launch of its Brand Name ONELA, Bien à la Maison and Nouvel Horizon Services’ new common Brand Name.

With close to 70 agencies, ONELA, home services specialist, is abundantly present throughout the country, without brand franchising, in order to insure standardized values and good practices shared by its 2900-employee staff. ONELA is renowned for the quality of the services it provides to elderly and handicapped people as well as people in recovery and their caregivers.

Thanks to their proximity, responsiveness and 24-hour activity the ONELA teams are able to meet the needs expressed in all circumstances by more than 12.000 beneficiaries daily.

ONELA emphasizes its demanding recruitment process and its training policy devised to ensure an efficient and homogeneous service. With this objective, ONELA fully profits from the Colisée Group’s renowned expertise, both in France and internationally, in the elderly people’s sector.

To outline its difference, ONELA relies on a strong identity highlighted by its motto “Etre bien chez soi” (“Feeling good at home”) and new additional services such as tele-advice or teleconsultation: a 24-hour, 7 days a week medical service which makes it possible for someone to get in touch strictly confidentially with a doctor in order to talk, get some advice or reassurance and if necessary be directed towards an appropriate service.

With its brand-new redesigned website (https://www.onela.com) which promotes both the staff and the agencies and boasts a recruiting section and an easily noticeable identity, ONELA will endeavour to find and offer regular new services, truly suited to the current expectations of senior citizens who would like to live independently and at home as long as possible.

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