The private nursing home group Medicharme has been placed in compulsory liquidation. The group, which manages 43 establishments in France, has 1,200 employees and offers more than 2,000 beds.

It faces a degraded financial situation due to an increase in costs due to inflation and the low occupancy rate of its establishments. Existing or expected takeover offers will be subject to an in-depth analysis over the next three weeks. The buyers will be able to buy the establishments for a symbolic price and will not have to pay off their debts.