The investment agreement was signed in October and was to be implemented no later than mid-December.
The capital infusion provided by Morphosis Capital will accelerate the expansion of Dr. Leahu Dental Clinics across Romania. Together, the two entities plan to open 20 new medical units in the next five years.
“The health crisis has profoundly affected the medical system, including the dental industry. At the same time, it has highlighted the importance of providing the highest standards in terms of medical safety, which remained a priority for us, also during the state of emergency when we were the only dental clinics network open in six counties. We want every Romanian to have quick access to quality dental services, in a safe environment and in the vicinity of their home. We are excited to work to achieve this goal, starting today, together with our partners from Morphosis Capital,” said Ionut Leahu, CEO and founder of Dr. Leahu Dental Clinics.
He added the dfentral clinic chain keeps an open invitation to independent dental clinics across the country to join its network.
The chain operates 96 dental offices in 13 clinics in Romania and recently opened its first unit abroad, in London.
In the period 2021-2025 the group plans to open 19 clinics in Romania and abroad, as well as a hospital in Bucharest.