Synlab Sells Eastern European Operations to Medicover
Deal News | Apr 14, 2025 | CEE Legal Matters
Synlab International, a leading provider of medical diagnostics services in Europe, has sold its Eastern European business activities to Medicover Group, which operates numerous healthcare facilities across Europe. The transaction aligns with Synlab's strategic initiative to streamline its network and focus on markets with attractive growth potential. Legal guidance for this deal was provided by CMS and Schoenherr, with expansive team involvement from jurisdictions including Croatia, North Macedonia, Romania, Turkiye, Slovenia, and Germany.
Sectors
- Healthcare
- Legal Services
Geography
- Europe – The transaction involves entities and legal advisory teams spread across European countries including Croatia, North Macedonia, Romania, Turkiye, Slovenia, and Germany.
Industry
- Healthcare – The transaction involves Synlab International and Medicover Group, which are companies providing medical diagnostics and healthcare services.
- Legal Services – CMS and Schoenherr, law firms, provided legal advisory services for the transaction.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Synlab International | Selling Company | Company | A leading provider of medical diagnostics services in Europe. |
| Medicover Group | Bidding Company | Company | A healthcare and diagnostic services company operating numerous clinics and laboratories across Europe. |
| CMS | Legal Advisor | Company | A law firm providing legal advisory services for the transaction, with team members based in various European countries. |
| Schoenherr | Legal Advisor | Company | Another law firm involved in providing legal support, with team members in Austria, Romania, Croatia, Slovenia, and Turkiye. |