With the Acquisition of the Merivälja Pansionaat, Südamekodud Became the Largest Elderly Care Home Group

The elderly care operator Südamekodud OÜ has acquired the Merivälja care home from the large German corporation Dussmann Group, becoming the largest elderly care provider in Estonia.
The property is a 134-bed care home located in Tallinn, employing around 50 people. With this acquisition, Südamekodud becomes the largest elderly care operator in Estonia. Due to a confidentiality agreement, the parties have not disclosed the purchase price.
“Südamekodud is now the largest provider with over 700 places, and we are working to improve the quality of long-term care in Estonia,” said Martin Kukk, one of the founders and Chairman of the Board of Südamekodud.

As Estonia’s population continues to age and more people require care, Kukk also emphasized that the public sector’s long-term care funding model needs reform.
“The recent report by the Foresight Centre on long-term care trends up to 2035 highlights some concerning issues. For instance, Estonia allocates only 0.4% of GDP in public funding to long-term care — significantly less than comparable European countries, which invest nearly twice as much,” Kukk noted.
Together with the soon-to-open Valkla Südamekodu, the company will operate nine care homes from the beginning of next year, providing services to over 700 residents and employing around 250 people. Südamekodud currently operates care homes in Kärus, Piigastes, Lihulas, Värskas, Saaremaa, Kunda, Järve, and from January also in Merivälja and Valkla.