Medicover acquires leading hospital group within neonatology and obstetrics in Poland
Medicover has signed an agreement to acquire Neomedic, a leading neonatology and obstetrics hospital group in southern Poland, for 70.5 million euro. The transaction is subject to customary merger control approvals and is expected to be consolidated during the 2ndquarter of 2019. Neomedic operates three hospitals with surrounding outpatient and primary care clinics. In addition, Neomedic operates ambulatory centres focused on obstetrics. The first hospital of Neomedic was established in 2001 in Kraków and it has since then shown strong organic growth. In 2018, Neomedic is expected to