News

Medicover acquires Pelican Hospital

May 18, 2018

PNSA advised its long-standing client Medicover on the acquisition of a majority stake in Pelican Hospital, a major Romanian healthcare services provider.

Medicover acquires Pelican Hospital

The acquisition concerns an 80% stake of the hospital and clinical business of Pelican. The remaining minority shareholders are the founding surgeons who are active in the business and will continue.

Pelican has a fully equipped hospital with 130 beds, 5 operating theatres, imaging diagnostics and supporting activities. Established in 1992 by leading surgeons, it is the foremost healthcare provider in the north-western part of Romania.

PNSA team led by M&A partner Silviu Stoica, along with M&A managing associate Vlad Ambrozie, also included managing associates Camelia Constantin, Codrin Luta, Ioana Dumitru and Luana Dragomirescu, senior associates Laura Ambrozie and Cristina Marcu, as well as associates Elena Eftene and Ioana Avram.

For more information, please visit: Medicover press release