Paris, September 5, 2016 - Mutuelle Nationale des Hospitaliers (MNH) acquired the majority stake in Groupe Profession Santé (GPS). The management of Groupe Profession Santé around Julien and Gérard Kouchner remains on board and minority shareholders.
Groupe Profession Santé is one of the French leaders in healthcare media with five print media titles, of which the “Quotidien du Médecin” and the “Quotidien du Pharmacien”, as well as eight web publications.
MNH is the first mutual insurance group for the health sector in France. MNH group has diversified its activities around three strategic divisions: Insurance, banking and services.
CMC acted as an M&A and financial advisor for MNH, whereas Eurvad advised the sellers.
About Groupe Profession Sante
Groupe Profession Santé is a French leader in healthcare media. The company is based in Malakoff, France. As of week ending on April 22, 2016, Groupe Profession Santé operates as a subsidiary of Mutuelle Nationale des Hospitaliers.
About Mutuelle Nationale des Hospitaliers
Mutuelle Nationale des Hospitaliers provides health insurance schemes and services. The company was founded in 1960 and is based in Montargis, France.