Several strategic investors and private equity firms should submit bids, according to the information on the market, and they include Turkey’s Acibadem group (private medical service provider) and private equity firms Mid Europa Partners and Warburg Pincus.
After having sold pharmaceutical producer Labormed and ceramic tile manufacturer Ceramica Iasi, Advent expects more than EUR100 million from the sale of Regina Maria, a company that budgeted 53 million lei (EUR12 million) EBITDA for this year, while revenue should reach RON300 million.
Regina Maria representatives would not comment on the sale process.
Asked about their interest in Regina Maria, the representatives of the Bucharest office Acibadem said, “We are unable to confirm it at the moment.” Acibadem is interested in an investment in Romania, as it has already said in the past, but cannot provide any concrete information about it, its representatives added.
Warburg Pincus representatives would not comment, while Mid Europa officials could not be reached by press time.
(English version by Loredana Fratila-Cristescu)