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Hygeia Acquires Second Private Clinic In Cyprus For 7.58 Million

Hygeia (HYGEIA) Athens Centre said on Tuesday that acquired a 60% stake in Evangelismos private hospital located in Paphos, Cyprus for a total cash consideration of €7.58 Million, confirming earlier reports.
Hygeia wholly-acquired “Maternioty & Gynecological Clinic Eavangelismos Ltd which owns a 60% stake in Evangelismos clinic.
The deal is subject to regulatory approvals.
EVANGELISMOS» is a modern, private hospital built in 2003, with a building of 6,200 square meters, consisting of 71 inpatient beds, 3 operating theatres, 2 delivery rooms, an Intensive Care Unit, an Intermediate Care unit, First Aid Unit and modern diagnostic laboratories. T
The hospital offers a wide range of medical specialties and is a reference point for endoscopic surgeries.
With the acquisition of the second hospital in Cyprus, following the acquisition of the 56.7% of Achillion in Limassol in the beginning of the year, HYGEIA S.A gains a leading position in the sector of healthcare services in Cyprus.
Hygeia is the investment arm in the healthcare services sector of MARFIN INVESTMENT GROUP(MIG), which is the major shareholder of HYGEIA S.A.
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