Regina Maria Acquires Leading Hospital in Bucharest
Regina Maria, a MidEuropa portfolio company and a leading premium integrated private healthcare services operator in Romania, announced that it has entered into an agreement to acquire Delta Health Care S.R.L. and Delta Health Trade S.R.L. (together “Ponderas Hospital” or the “Company”). The transaction is subject to customary closing conditions and is expected to close in Q2 2016.
Ponderas Hospital is a leading private surgery hospital in Bucharest. The Company provides specialized and general surgeries, polyclinic, imaging, cardiology as well as ophthalmology services in a 8,600 sqm state-of-the-art facility.
Nikolaus Bethlen, Partner at MidEuropa commented:
“The acquisition of Ponderas Hospital represents the first milestone in our buy-and-build strategy for Regina Maria to consolidate the Romanian private healthcare market. Ponderas Hospital, with its first class facility and strong reputation for medical excellence, represents an ideal addition to Regina Maria and we look forward to partnering with the team of Ponderas Hospital led by Dr. Catalin Copaescu and continue supporting the Company’s development through capital investments.”
Fady Chreih, CEO of Regina Maria, added:
“We are very impressed by Ponderas Hospital’s operational excellence and quality standards. The addition of the Company to Regina Maria excellently complements our current inpatient service offering and will further strengthen our reputation as the leading premium private healthcare provider in the market.”
The transaction was executed by Csanad Daniel, Tas Tobias and Albert Jelinek alongside Regina Maria’s management team. MidEuropa and Regina Maria were advised by Allen & Overy and EY.