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Romania's anti-trust body clears acquisition of Materna Care by CMU

Romania's anti-trust body clears acquisition of Materna Care by CMU Premiere Hospital - Timisoara, Romania

BUCHAREST (Romania), September 4 (SeeNews) - Romania's competition authority said on Wednesday it has approved the acquisition of healthcare services provider Materna Care by Centrul Medical Unirea (CMU).

"Following a review of the transaction, the Competition Council has found that it does not raise significant obstacles to effective competition in the market, in particular by establishing or strengthening of dominant position," the anti-trust body said in a statement.

Through the acquisition of Materna Care CMU has also acquired control of two companies under Materna Care's umbrella - Materna Invest and Premiere Care. The three companies together manage Premiere Hospital in Timisoara, western Romania, which has an area of 5,300 sq m, a capacity of 134 beds, six surgery rooms and a birth room. Materna Care employs 300 persons and posted a turnover of 7 million euro ($7.7 million euro) in 2018.

($ = 0.9081 euro)

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