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Euromedic sells 8 dialysis clinics to rival Fresenius

Autor: Ioana David

23.01.2011, 23:47 34

Eight dialysis clinics owned by the specialised unit ofEuromedic healthcare services group will be taken over by FreseniusMedical Care in Romania, as part of a 485m-euro international dealinvolving a total of 70 clinics.

"In Romania, Euromedic's dialysis services unit had 1,100patients in 2009, to whom the 1,400 clients of Fresenius will beadded," said the representatives of Fresenius, a German-held group.

In the wake of this deal, Euromedic will exit the dialysismarket, where it operated with the Nefromed brand, but it willstill be among the top ten players in private healthcare services,with a seven-clinic network.

At the overall level of 485m euros, the eight clinics of Romaniaare likely to be valued at 55m euros, with this being the largestdeal targeting the domestic dialysis market, a state-dependentbusiness.

The statement announcing the international deal specifiedEuromedic decided to focus on investments in the other fields itoperates in.

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