The transfer of the 100% stake of the share capital of "Maternity & Gynecological Clinic Evangelismos Ltd" that owns 60% stake of "EVANGELISMOS" private hospital located in Paphos, was concluded to "DIAGNOSTIC & THERAPEUTIC CENTER OF ATHENS HYGEIA S.A.".
"EVANGELISMOS" Hospital is a modern, private hospital built in 2003, with a building of 6,200 square meters, consisting of 71 inpatient beds, 3 operating theatres, 2 delivery rooms, an Intensive Care Unit, an Intermediate Care unit, First Aid Unit and modern diagnostic laboratories. The hospital offers a wide range of medical specialties and is a reference point for endoscopic surgeries.
The acquisition price reached EUR 7,072,920 and was the result of an in-depth financial and legal due diligence examination.
With the acquisition of the second hospital in Cyprus, following the acquisition of the 56.7% of "ACHILLION" in Limassol in the beginning of the year, "HYGEIA Group" gains a leading position in the sector of healthcare services in Cyprus. The abovementioned acquisitions are part of "HYGEIA Group" strategy to create the largest integrated healthcare services group in Southeastern Europe.
"HYGEIA Group" holds a leading position in the healthcare sector in the region of South-Eastern Europe since it operates 5 hospitals in Greece and Cyprus with 1,078 licensed beds, while with the conclusion of the acquisition of SAFAK Group in Turkey will have 9 hospitals in the South-Eastern Europe region with total capacity of 1,548 beds.