Medicover, one of the largest private medical companies in Poland, wants to create a chain of fitness clubs. At the same time, the company is developing intensively in its core segment which is private healthcare.
Medicover is targeting the fitness segment
The Office of Competition and Consumer Protection (UOKiK) informed about receiving an application from Medicover Sp. z o.o. and KW Shelf Company 09 Sp. z o.o. on 30 April. The application concerns the creation of a joint venture that will operate fitness clubs. No details concerning this project have been disclosed. All that is known is that KW Shelf Company 09 is a company which does not have any operational activities. It is controlled by a natural person.
Private healthcare remains a priority
The potential activity in the fitness segment mentioned above will certainly constitute only a small part of Medicover’s activities. The company continues to develop intensively in the basic segment, i.e. private healthcare. It not only opens new outpatient clinics, but also invests in dentistry and hospitals. In February Medicover announced the acquisition of the Addent dental clinic in Kraków. In total, it includes 12 dental surgeries. The company is looking for new acquisition targets. It focuses on entities with at least 4-6 dental surgeries, as well as full diagnostics and a comprehensive range of services.
In March 2019, the Office of Competition and Consumer Protection issued a decision approving the takeover of the Neomedic Group by Medicover. The value of the transaction exceeds €70m. The Neomedic Group operates a network of outlets in southern Poland, including the Ujastek Hospital in Kraków.