Mid Europa seeks buyer for Romanian medical clinics chain Regina Maria
Polish investment fund Mid Europa seeks a buyer for Romanian private healthcare chain Regina Maria, according to sources in the financial market quoted by Ziarul Financiar.
Anglo-French investment bank Rothschild & Co. and audit firm EY handle the sale process. Regina Maria could be valued at EUR 300-400 million, depending on the multiple that investors are ready to pay.
Regina Maria boasts EUR 150 million in revenues and an operating profit of around EUR 25 million.
Among the investors that may be interested in taking over the second-biggest private healthcare network in Romania are Bupa, Monza and several investment funds. Notably, Bupa bought the largest private healthcare network in Poland, Lux Med, from Mid Europa Partners for EUR 400 million. Bupa is an international private healthcare not-for-profit company based in the United Kingdom.
Mid Europa Partners bought the Regina Maria network in 2015 for over EUR 100 million.
editor@romania-insider.com
(Photo source: Facebook / Regina Maria-Reteaua Privata de Sanatate)