“The investment in Laurus Medical is substantial and represents a significant strategic step for the development of Medicover in Romania. It perfectly complements our base of medical services. Furthermore, it will enable our patients and partners to benefit from an excellent expertise, especially in the treatment of disorders of the venous system, attested by over 17 years of activity of the Laurus Medical team”, said Florinela Cîrstina, general manager of Medicover Romania.
The implementation of the transaction, which targets the purchase of 100% of the share capital of Laurus Medical, is pending the approval of Romania’s Competition Council.
Laurus Medical ended 2021 with a turnover of EUR7.3 million, up 35% from 2020, company officials said previously. Laurus Medical operates ten centers across Romania, the latest data shows.
Laurus Medical brings its chain of ten medical clinics to Medicover Group, thus expanding Medicover’s presence in the Romanian towns of Bacau, Buzau, Deva, Focsani and Suceava.
With the acquisition of Laurus Medical, Medicover Romania’s portfolio has added three companies since the beginning of 2022.