MedLife Group concludes the acquisition of Medici’s medical operator in Timișoara

MedLife, the Romanian private medical operator, announced the completion of the transaction to take over 80% of the shares of Medici’s, the largest medical operator in Timișoara, following approval by the Competition Council.

With a history of over 25 years and constant development, Medici’s has in its portfolio 4 clinics, a medical imaging laboratory, a laboratory analysis platform and a multidisciplinary hospital, which is under construction. Medici’s Hospital will have a total area of ​​5,500 square meters, being composed of two twin buildings. The first of them, which is to be operational from June 2023, will integrate a pharmacy, large imaging (CT and MRI), operating rooms, intensive care unit, pre- and post-operating rooms. The second building of the hospital is scheduled for completion in 2024.

The transaction approved by the Competition Council involves the integration of the four Medici’s clinics and the laboratory as well as the hospital into the MedLife Group.

Thus, MedLife ends up owning 5 clinics, 2 laboratories, 1 stem cell laboratory and 1 multidisciplinary hospital in Timișoara, which at the time of completion will become the largest private hospital in the city.

acquisitionhospitalmedical operatorMedici'sMedLifetimisoara
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