Ramsay Health Care has taken a 90 per cent stake in a private hospital in the French city of Toulouse.

Ramsay’s managing director Christopher Rex said the acquisition of Clinique de l’Union would help expand the Ramsay Sante business.

“We have been cautiously analysing opportunities in France since entering the market three years ago,” Mr Rex said.

“Given the market dynamics in Europe, we have only actively pursued those opportunities that have met our strict investment criteria.”

Clinique de l’Union has a turnover of about 65 million euros ($A91.55 million).

The acquisition of Clinique de l’Union is Ramsay Sante’s second acquisition since Ramsay acquired 57 per cent of the French hospital operator in 2010.

It follows the purchase of Clinique Convert in Rhone-Alpes in 2012.

Ramsay says the Clinique de l’Union acquisition will be funded from internal Ramsay Sante debt facilities and its own cash reserves.