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EMC Instytut Medyczny has ended negotiations with EQT and is still looking for a strategic investor

EMC Instytut Medyczny has ended negotiations with EQT and is still looking for a strategic investor

The Management Board of EMC Instytut Medyczny SA has ended talks with EQT VI Limited on the fund’s potential investments in the Company.

“Since no satisfactory agreement on the terms of the transaction had been reached, we discontinued talks with the EQT fund " – said Piotr Gerber, the President of EMC Instytut Medyczny.

“At the moment, our search for a strategic business partner, who would share our vision for further development, continues. The expiry of the exclusivity period for negotiations with the EQT fund means that talks with a wider group of investors concerned are to be held. There are broad opportunities associated with the development of our business through further acquisitions of hospitals in terms of current regulations and local governments' needs. Given the scale of its operations, unique expertise in the conversion of public hospitals and the effective management of the network of hospitals and outpatient clinics, EMC Instytut Medyczny has gained a leading position in this market"- he added.

The Strategy of EMC Instytut Medyczny assumes the continued expansion of the network of hospitals and outpatient clinics. Currently, the Company is holding a number of talks on further acquisitions of hospitals. Acquiring a new investor will enable it faster development.

EMC is Poland’s largest owner of hospitals and outpatient clinics in the private healthcare market. Over 10 years, it has grown from a local company that managed a hospital in Wroclaw into a network of medical facilities expanding consistently both in Poland and abroad. Since 2005, the company has been listed on the Warsaw Stock Exchange.
Currently, there are 8 hospitals and 16 specialist and primary care outpatient clinics that operate within the EMC Capital Group in Poland’s five voivodeships.

Within its main business activity, EMC’s offers: specialist inpatient care in both specialized and general hospitals, outpatient care in specialist outpatient clinics and as part of primary health care system. The hospitals that constitute the EMC network have a bed strength of 1.000 beds and provide healthcare services to over 850 thousand residents of Dolnośląskie, Opolskie, Zachodniopomorskie, Śląskie and Mazowieckie voivodeships.

For more information, please contact:
Ewa Pogodzińska PR Director
EMC Instytut Medyczny
661300287

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