MediGroup is part of the largest transaction in the medical market of Central and Eastern Europe

MediGroup, the market leader in private healthcare in Serbia, together with Regina Maria, the leading healthcare network in medical service quality in Romania, announces the largest transaction in the medical market of Central and Eastern Europe, as they join Mehiläinen group, the largest private healthcare provider in Finland. With a history of over 115 years in the medical field and an expanding international presence, the Mehiläinen group is acquiring 100% of the shares of MediGroup and Regina Maria, marking the exit of MidEuropa and Blue Sea Capital.

The new partnership confirms the high development potential of the healthcare market in Serbia and the region, marking a new stage in MediGroup’s evolution 12 years since the network’s founding. The transaction is subject to customary regulatory approvals and is expected to be finalized by the end of this year.

"We are entering a new era as MediGroup and Regina Maria become part of Mehiläinen group. Since 2018, MidEuropa has supported MediGroup’s growth, helping us strengthen our position as Serbia’s largest private healthcare system. Now, with Mehiläinen’s expertise and international presence, we are ready to further enhance our services, innovate, and set new standards in healthcare. This transition marks an important milestone, reinforcing our commitment to providing exceptional medical care across Serbia", Marijana Vasilescu, CEO, MediGroup stated.

The Mehiläinen group is a fast-growing business in the healthcare sector, originating from Finland, with a 115-year history and a presence in five European countries. The group’s operations currently encompass over 890 clinics and medical facilities, along with a network of more than 37,000 healthcare professionals. Annually, the group serves over 2.2 million clients and reported a revenue of €2,063.5 million in 2024, marking an 11.5% increase compared to 2023.

“Regina Maria is one of the most rapidly expanding and highest-quality healthcare service providers in Europe, led by some of the best professionals in the field. We have closely followed the company's development for years, and we are truly delighted with the opportunity for acquisition. Regina Maria’s sister company MediGroup is also a leading player in its market with excellent quality. I am looking forward to this partnership”, Janne-Olli Järvenpää, CEO, Mehiläinen Group affirmed.

With a workforce of over 11,000 employees and collaborators and a presence in every part of Romania, the Regina Maria healthcare network stands as a leader in medical service quality, consistently upholding its commitment to excellence and patient safety.

"We are honored that the largest healthcare provider in Finland, with over a century of medical experience, recognizes the potential of the medical markets in Romania and Serbia. This investment reflects Mehiläinen Group’s confidence in the economic development of the region, representing an important sign of stability in the current financial context. Mehiläinen’s investment marks an extremely significant chapter in our network’s history, and we are excited to step into this new stage, where we aim, together, to transform the European landscape of private healthcare, relying on strong management teams and an integrated vision. We are fully confident that, alongside Mehiläinen, we will benefit from strong support to continue strengthening our services in both Romania and Serbia. Together, we are moving towards a future of increasingly advanced, digitalized, and accessible healthcare, where patient safety and the quality of medical care remain paramount", Fady Chreih, chairman of the board MediGroup & CEO Regina Maria, the healthcare network.

MidEuropa, a renowned private equity investor with a strong track record in Central and South Eastern Europe, entered into an agreement to acquire a majority stake in MediGroup in 2018, following its 100% acquisition of Regina Maria in 2015. With its extensive experience in fostering the growth and development of healthcare providers, MidEuropa has played a pivotal role in supporting both MediGroup’s and Regina Maria’s expansion, helping to strengthen their position as the leading private healthcare providers in the region.

“We want to thank the entire team for their dedication and enthusiasm and wish them success as they work with Mehiläinen, their well-reputed management team and experienced shareholders” - Matthew Strassberg, MidEuropa, Partner and founder of the Healthcare Services sector practice commented.

This acquisition marks a significant step in the consolidation of the private healthcare sector in Central and Eastern Europe. With MediGroup holding an 17% market share in Serbia’s private healthcare sector and Regina Maria leading in Romania with nearly 1 million subscriptions and 13,000 corporate partners, the combined expertise and resources of these providers will further reinforce their market positions. Backed by Mehiläinen Group’s century-long legacy of innovation and investment in digital healthcare, the partnership is set to drive new standards in medical excellence, operational efficiency, and patient care across the region.