Bupa acquires Lux Med
Bupa, recently announced that it plans to acquire LUX MED Group the largest private healthcare provider in Poland, for €400m (£325.5m). LUX MED is currently owned by private equity firm Mid Europa Partners.
The deal will mark Bupa’s entry into Poland, one of the most attractive markets in Central and Eastern Europe due to the size of its population, rising levels of disposable income and long-term growth potential. Spending on healthcare is increasing and the private healthcare market is forecast to grow by 10% per annum until 2016.
LUX MED will make Bupa the number one player in Poland’s private healthcare funding and provision markets, adding one million new customers to Bupa’s international portfolio.
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