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Alpha Medical Completes the Acquisition of Euromedic's Laboratory in the Czech Republic

09 June 2014

Alpha Medical, a Mid Europa portfolio company and a leading provider of laboratory testing services in the Czech Republic and Slovakia, announced that it has completed the acquisition of Euromedic's laboratories in the Czech Republic ("Euromedic Labs" or the "Company").

Euromedic Labs operates 6 state-of-the-art laboratories and 15 collection points, offering a full spectrum of routine and specialised tests in the areas of biochemistry, microbiology, immunology, hematology and pathology.

Matthew Strassberg, Senior Partner of Mid Europa who leads the healthcare investments, commented: "Alpha Medical's acquisition of Euromedic Labs further strengthens the leadership position of our medical laboratory platform in the Czech market. In just under three years since our first investment in the sector, we have actively supported the expansion of our laboratory services platform by consolidating over 20 operators into a leading platform across Poland, Czech Republic and Slovakia.  In parallel, we have been investing in state-of-the-art laboratory facilities offering unparalleled levels of patient service and performing over 90 million tests annually".

The transaction was executed by Paweł Padusiński, Jan Krzewiński and Artur Sieńczewski. Mid Europa and Alpha Medical were advised by Deloitte, Kinstellar and Weil Gotshal & Manges.

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