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LUX MED acquired Lecznice Citomed, the owner of six outpatient facilities and a multi-specialist hospital located in Toruń, offering a wide range of services incl. specialist consultations, occupational medicine, hospital services, imaging diagnostics (including MRI and CT examinations) and dental treatment.

Lecznice Citomed is a leading healthcare provider in Toruń with nearly 30 years of market presence, offering six outpatient clinics with 54 medical practices and 26 treatment rooms as well as a multi-specialist hospital equipped with modern operating rooms. It provides care for almost 90 thousand patients, incl. more than 40 thousand National Healthcare Fund’s primary care subscribers. The Company has almost 500 employees, incl. 190 doctors and 113 nurses and hygienists.

I am very pleased that we can announce today the signing of another important transaction for us. This investment fits perfectly into the model of full and modern healthcare services in which LUX MED operates and complements our current offer of outpatient and hospital care. We will significantly expand our offer of healthcare services for our patients in the Kujawsko-Pomorskie region. A team of experienced and recognized specialists will also join us. This is another important step in the development of our group – says Anna Rulkiewicz, CEO of LUX MED.

I am convinced that the addition of Lecznice Citomed to the LUX MED will create new opportunities for our medical centers and specialists working there – says Doctor Łukasz Wojnowski, co-founder and CEO of Lecznice Citomed.

I believe that patients will quickly appreciate this change, which will certainly translate into a greater range of offered services and even better quality of care – adds Doctor Małgorzata Bartczak-Łysek, Vice-President of Lecznice Citomed.

LUX MED is the leader in the private healthcare market in Poland and part of the international conglomerate BUPA, which acts as an insurer and provider of medical services all over the world. LUX MED provides a full scope of services: outpatient and inpatient care, diagnostics, rehabilitation as well as long-term care for over 2,200,000 patients. The group operates over 250 widely available medical centers, including ambulatory, diagnostic and hospital facilities, as well as a rehabilitation center and over 2,600 partner clinics. The company employs 16,000 people, approximately 7,000 doctors and 4,000 supporting medical staff.

The transaction is subject to approval of the Office of Competition and Consumer Protection (UOKiK). VCP Polska has been acting as an exclusive M&A advisor to LUX MED.

Source: LUX MED, 09/11/2020

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