Mehiläinen will increase into Lithuania with the acquisition of InMedica
Finnish social care and healthcare supplier Mehiläinen has signed an settlement to amass Lithuania-based InMedica Group from INVL Baltic Sea Development Fund, AB Metropolis and Litgaja.
Litgaja is managed by InMedica founder and CEO Kęstutis Broniukaitis.
This acquisition is topic to regulatory approval and is a strategic transfer for Mehiläinen.
InMedica Group, a medical community, offers specialist, main, dental and hospital care, together with psychological well being and diagnostics in Lithuania.
It targets a broad affected person demographic and serves people, companies, and public medical health insurance beneficiaries.
The group has 89 amenities, facilitates greater than 2.7 million doctor visits yearly and serves as the first healthcare supplier for greater than 310,000 sufferers.
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Nerijus Drobavičus, Chairman of InMedica, stated: “After evaluating potential buyers, we imagine that Mehiläinen is the absolute best subsequent proprietor for the InMedica Group because it has distinctive assets, capabilities and the company tradition to help the continued development and improvement of InMedica Group.”
Mehiläinen and InMedica Group share related service portfolios and enterprise fashions.
The acquisition of InMedica Group by Mehiläinen is just not anticipated to have any direct penalties for InMedica Group's workers or sufferers.
Operations will proceed as regular making certain a clean transition for all events concerned.
Andreas Taalas, director of the Mehiläinen Baltic enterprise line, stated: “The non-public healthcare market in Lithuania is rising quickly, and InMedica Group is a high-quality market chief with a superb fame. I’m excited to work with Kęstutis and the administration staff. Collectively we are able to proceed the profitable development and additional enhance providers.”
Jefferies, Deloitte, LEK Consulting and Wallless suggested InMedica Group, whereas Porta Finance, EY and Cobalt acted as advisors to Mehiläinen.