MedLife will acquire 51% of the Rozsakert Medical Center Group of companies (RMC) in Hungary which is one of the top ten providers of private medical services in Hungary.

Following up on recent media speculations about MedLife’s acquisition in Hungary, the company released a statement today in which they announced their first international acquisition.

MedLife will acquire 51% of the Rozsakert Medical Center Group of companies (RMC) in Hungary which is one of the top ten providers of private medical services in Hungary. According to Mihai Marcu, MedLife Group’s CEO, the investments allocated for this stage amount to EUR 4-5m, and in the next period they will look at other expansion opportunities. This would mean that the deal is worth around 3% of MediLife’s T12 2018 sales revenues.

Note that in 2017, Hungarian RMC recorded a turnover of EUR 4.2m.