Affidea acquires Croatian healthcare provider Sveti Rok

"The acquisition is another milestone of the successful business model expansion, in which Affidea broadens its core operation model based on diagnostic imaging to corporate healthcare and outpatient care services," Affidea said in a statement on Tuesday.

The value of the deal was not disclosed. The transaction's financial and tax advisor was KPMG Croatia.

"Adding a reputed provider as Sveti Rok to our network will allow us to offer integrated diagnostic care, resulting in best-in-class medical services for our patients, corporate clients and PHIs. Croatia continues to be an important value creation driver in our business journey where more growth opportunities will be pursued," Affidea CEO, Giuseppe Recchi, said in the statement.

The Sveti Rok polyclinic, established in 2008, is located in the capital Zagreb, providing diagnostic imaging, laboratory analysis, labor medicine, consultations and check-up services to more than 30,000 patients every year.

Following the acquisition, Affidea now controls four healthcare centres in Croatia, serving 73,000 patients every year. It also runs the Affidea Cavka centre in Zagreb, the Affidea Kalajzic centre in Split and the Affidea Vita centre in Sibenik.

Affidea provides diagnostic imaging, outpatient and cancer care services, and operates in 280 centres across 16 countries in Europe, performing more than 14 million diagnostic examinations every year.

The company is owned by interests associated with the Bertarelli family which are advised by their business enterprise, Waypoint Capital, it says on its website.