MediGroup, one of Serbia’s largest private healthcare systems, is being acquired by the Finnish healthcare group Mehilainen, which also took over Romania’s largest healthcare provider, Regina Maria. This acquisition is part of the largest transaction in the private healthcare market in Central and Eastern Europe.
The deal, negotiated over the past few months, includes MediGroup’s ownership by investment funds MidEuropa and Blue Sea Capital, and Regina Maria’s sole ownership by the Romanian company. The price of the transaction remains undisclosed.
Marijana Vasilescu, general director of MediGroup, highlighted that this acquisition brings Mehilainen’s experience and leadership in Finland to the region, with an annual revenue of around 500 million euros from both MediGroup and Regina Maria. She emphasized the potential for synergy between the two systems and the opportunities for exchange of knowledge and expertise.
MediGroup, which has seen significant growth in recent years, will continue operating under the new ownership, with no changes to its development strategy until 2030. Vasilescu noted that Mehilainen’s subscription-based healthcare models, already established in Romania, could further expand in Serbia. These models offer preventive care and allow patients to access health services through monthly subscriptions, complementing private insurance options.
The acquisition is expected to improve efficiency, accessibility, and service quality, and may drive further consolidation in Serbia’s fragmented private healthcare market. Mehilainen, backed by major investors like CVC and Hellman & Friedman, is looking to expand its presence in Central and Eastern Europe, with operations already in Finland, Germany, Sweden, Estonia and Lithuania.
