PPF Healthcare interested in acquisition of hospital in Roudnice
2010-02-09
PPF Healthcare, part of the investment company the PPF Group, has expressed interest in the purchase of a hospital in the Czech town of Roudnice nad Labem, according to the Czech daily newspaper
Dnes. The town council had been planning to sell the property to the company
Podripska Nemocnice s Poliklinikou (PNSP), which has been running the hospital for eight years, however, the decision has now been postponed in order to consider the new potential investor.
As we reported, on a previous occasion, in
Central Europe Pharma News,
PPF had previously acquired
Euroclinicum, a chain of hospitals and polyclinic centres in the Czech Republic, and is currently considering the acquisition of more Czech healthcare facilities.
The town authorities decided to sell the hospital last year because of the lack of sufficient resources necessary to modernise the hospital. The condition for the sale to go through is that the potential owner must keep the hospital running for at least 10 years and invest at least CZK 100m (€3.8m) in its development.
The price of the hospital has not been disclosed. Although the whole hospital estate has been valued at CZK 135m (€5.2m), the current market value may be closer to CZK 30-40m (€1.1-1.5m).
PPF’s headquarters are in the Netherlands, and its Czech division was set up in 1991. The PPF Group is now one of the largest international financial and investment groups in the Central and Eastern European region. The assets managed by the group are worth more than €10bn. The company focuses on retail financial services, private equity investments and investments in property.
PMR Online Access
Browse and search in our archive »
Subscribe to PMR RSS NEWS channels » 
