Capio takes over The Eye Academy (London) Ltd.
Capio takes over The Eye Academy (London) Ltd. Capio Healthcare UK has acquired of The Eye Academy (London) Ltd. in Harley Street. Capio will be developing the Harley Street site into the first of its UK based "Capio Eye" centres based on the Swedish designed Medocular Eye clinics. The Harley Street site currently performs laser refractive surgery but will be upgraded so that it will also be able to perform "cataract" surgery as it does in its Nordic clinics. Capio expects the centre to be fully operational in September but will continue to perform laser surgery in the intervening period. The current annual revenue for the site at Harley Street is in excess of SEK 8.5 M and has a staff of 3 full time employees and 2 sub contracted ophthalmic Consultants. Medocular is the biggest provider of private ophthalmic surgery services in Scandinavia, carrying out 7 000 cataract removals per year, 80 per cent of which are commissioned by the public sector. They also carry out in excess of 2 000 refractive treatments per year made up of the full range of modern refractive surgery techniques. Medocular is a wholly owned subsidiary of Capio AB. Capio Healthcare UK is one of the leading providers of independent hospital services in England. With a network of 25 hospitals and a comprehensive range of quality healthcare, Capio Healthcare UK covers a wide range of treatments and includes the most up to date advances in modern medicine. The revenue is approximately SEK 3 000 M per year. Capio Healthcare UK is a part of the Capio Group. Gothenburg, March 27, 2003 Capio AB (publ) For more information, please contact: Rudolph Hahnenberger, Managing Director, Medocular AB+46 18 56 54 01, +46 70 638 88 81 Peter J Curtis, Director New Business Developments, Capio Healthcare UK +44 1234 278857, +44 7770 432898 Ulrika Stenson, Vice President, Corporate Communications, Capio AB +46 31 732 40 04, +46 70 590 07 23 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/03/27/20030327BIT00540/wkr0001.doc http://www.waymaker.net/bitonline/2003/03/27/20030327BIT00540/wkr0002.pdf