Budapest, 1. February 2018
1 February 2018
On 1 February 2018, Affidea Diagnosztika Kft. acquired 100% of the shares of Főnix-Med Zrt.
Affidea Group, a provider of imaging diagnostic services, was established in Hungary 26 years before. Affidea’s state-of-the-art diagnostic services are now available in 230 locations in 16 countries. The Group used to employ more than 500 workers in employment relationship and under contract at 12 locations only in Hungary, under the management of György Leitner.
Through the acquisition of Főnix-Med, the Group’s first non-diagnostic investment, Affidea is now able to provide integrated private health services with a range of outpatient and corporate health services in Hungary.
Főnix-Med provides corporate and occupational health care to over 100,000 employees with its staff of 600. During its existence exceeding 20 years, it focused on private and occupational health care services, with only 25% of its revenue coming from public funding. The seller Opinion Group was represented by Dr Zoltán Takács.
The transaction is the largest private health care transaction in the country carried out by a professional investor to date and is a significant step in the inevitable consolidation process of the segment.
The transaction advisor of Affidea was Concorde MB Partners.
