MediGroup sold to Finnish Mehiläinen Group - Largest transaction in private healthcare market in Central and Eastern Europe
Source: eKapija
Tuesday, 01.04.2025.
18:31


(Photo: Aleksandar Parezanović)

Mehiläinen Group acquires 100% ownership in the MediGroup and Regina Maria systems, which means the exit of the investors MidEuropa and Blue Sea Capital from the ownership structure. The transaction is said to be subject to customary regulatory approvals and it is expected to be finalized by the end of the year.
- We are entering a new era, because MediGroup and Regina Maria become part of the Mehiläinen group. Since 2018, the majority owner of MidEuropa has been supporting the growth of the MediGroup system on the way to consolidating the leadership position of the largest private healthcare system in Serbia. Now, with the Mehiläinen Group's expertise and international presence, we are ready to further improve our services, introduce innovations and set new standards in health care.
We are facing an important milestone that further strengthens our commitment to providing top-quality medical care across Serbia - Marijana Vasilescu, general manager of the MediGroup system, stated.
The Mehiläinen Group is a healthcare system established in Finland which has been developing for 115 years and is present in five European countries. There are currently more than 890 medical institutions operating within the group employing more than 37,000 healthcare professionals. On an annual level, the group provides services to more than 2.2 million users, and in 2024, it achieved an income of EUR two billion, which represents an increase of 11.5% in relation to the previous year.
- Regina Maria is one of the fastest growing and highest quality healthcare networks in Europe, led by top experts. We have been following its development for years and we are very pleased to now have the opportunity to take over the company. Its sister company MediGroup is also the leading player in its market with exceptional service quality. I am looking forward to this partnership - said Janne-Olli Järvenpää, CEO of the Mehiläinen Group.
With more than 11,000 employees and associates, as well as by being present in all parts of Romania, Regina Maria stands out as a leader in the quality of medical services, continuously reaffirming commitment to medical excellence and patient safety.
- We are honored that the largest healthcare system in Finland, with more than a century of experience, recognized the potential of the Romanian and Serbian medical markets. This investment reflects Mehiläinen Group's confidence in the region's economic development and represents an important signal of stability in the current financial context. At the same time, it marks an extremely important chapter in our network's history, and we are excited to enter a new phase together, in which we will continue to transform Europe's private healthcare sector, relying on strong management teams and a shared vision. We are confident that, with the support of the Mehiläinen Group, we will
continue strengthening our services in Romania and Serbia. Together we are moving towards a future in which healthcare is increasingly advanced, digitized and accessible, where patient safety and medical service quality remain our top priorities - Fady Chreih, chairman of the Supervisory Board of the MediGroup system and general manager of the Regina Maria network, stated.
MidEuropa, a private investment fund with a significant presence in Central and Southeastern Europe, became the majority owner of the MediGroup system in 2018, after acquiring 100% ownership of the Regina Maria system in 2015. With experience in the development of health systems, MidEuropa, as it turns out, played a key role in the expansion and strengthening of the leadership position of MediGroup and the Regina Maria system in private healthcare in the region.
- We would like to thank the entire team for their dedication and enthusiasm, and to wish them much success in their further cooperation with the Mehiläinen Group, their experienced management and reputable investors - said Matthew Strassberg, partner in the MidEuropa fund and founder of the company's health services sector.
This acquisition represents, as pointed out, a key step in consolidating the private health sector in Central and Eastern Europe. MediGroup occupies 17% of the market share in the private health sector in Serbia, while the Regina Maria network in Romania counts almost one million users of the health package and 13,000 corporate clients. Accordingly, it is expected that the combined expertise and resources of these health systems will further strengthen their positions on the market.
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Tags:
MediGroup
Regina Maria
Mehiläinen group
MidEuropa
Blue Sea Capital
Marijana Vasilescu
Janne Olli Jarvenpaa
Fady Chreih
Matthew Strassberg
sold Medi Group
sold MediGroup
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