Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Romania
  4. Bucharest Stock Exchange
  5. Med Life S.A.
  6. News
  7. Summary
    M   ROMEDLACNOR6

MED LIFE S.A.

(M)
  Report
End-of-day quote. End-of-day quote Bucharest Stock Exchange - 09/24
17.6 RON   +2.03%
08/27PRESS RELEASE : H1 2021 Financial Results
PU
08/27MED LIFE S A : H1 2021 Report Med Life S.A.
PU
08/27MED LIFE S A : H1 2021 Report MedLife Group
PU
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Med Life S A : Completion of the acquisition of majority stake in Pharmachem Distributie

07/25/2021 | 08:08pm EDT

MedLife Medical System announces the completion of the acquisition of

majority stake in Pharmachem Distributie

  • This transaction will help MedLife group strengthen its presence in the pharma segment
  • The group aims to develop the online pharmacy segment, but also to optimize the procurement system at group level, for its own network of pharmacies and hospitals

Bucharest, July 23, 2021: MedLife Medical System announces the completion of the acquisition of the package of 75% shares of Pharmachem Distribuţie SRL. It is one of the largest acquisitions of the group in recent years.

Pharmachem has been operating on the pharmaceutical distribution services market for 16 years, being an important player, with a network of warehouses in Bucharest and throughout the country. At the level of 2019, the pharmaceutical distribution company registered a turnover of 83.4 million lei, increasing by 30% compared to previous year.

The management of Pharmachem will remain entirely in the hands of the current owners, who have the necessary know-how to properly manage the business and accelerate its growth.

In terms of M&A activity, MedLife Group is the company with the greatest expertise in acquiring and integrating a group of medical companies, reaching a portfolio of 32 acquisitions.

About MedLife Medical System:

MedLife Medical System started 26 years ago, has developed healthily and has become the largest provider of private medical services in Romania. Romanian entrepreneurs, who founded this company, invested and got involved to change the Romanian health system, believed in innovation and dared to aim as high as possible, to offer Romanian patients qualitative services, professionalism, care and respect for their needs.

The company operates the largest network of clinics, one of the largest networks of medical laboratories, general and specialized hospitals and has the largest corporate clients base for Health Prevention Packages in the country. It is also one of the largest private healthcare providers in Central and Eastern Europe in terms of sales.

MedLife Group has a history of success in terms of both organic growth and by acquisitions. Strong and experienced management team, was able to create and manage these growth opportunities, gaining valuable knowledge and experience, which allows to find the best way to successfully continue the expansion.

Being a Romanian company with a tradition, MedLife chose to be listed on the Romanian Stock Exchange, being a model for listings on the local capital market. It has opened up new horizons, and through the corporate governance it has implemented, has inspired other local companies to embark on this path and help develop the Romanian capital and economy. The shares issued by MedLife SA are admitted to trading on the regulated spot market administered by the Bucharest Stock Exchange, Premium Category, with the trading symbol ″ M ″.

During the pandemic, MedLife managed to play a key role in society and gain a detached leadership status in pandemic monitoring through active involvement in research activities.

The company continues to invest in projects in technology and infrastructure, with impact on the local community. It creates jobs and develops an ecosystem that contributes to the development and maintenance of a healthy Romania.

Disclaimer

Med Life SA published this content on 27 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 July 2021 00:07:02 UTC.


ę Publicnow 2021
All news about MED LIFE S.A.
08/27PRESS RELEASE : H1 2021 Financial Results
PU
08/27MED LIFE S A : H1 2021 Report Med Life S.A.
PU
08/27MED LIFE S A : H1 2021 Report MedLife Group
PU
08/27Med Life S.A. Reports Earnings Results for the Half Year Ended June 30, 2021
CI
07/25MED LIFE S A : Completion of the acquisition of majority stake in Pharmachem Distributie
PU
07/23MED LIFE S.A. (BVB : M) completed the acquisition of 75% stake in Pharmachem Distributie S..
CI
06/16MED LIFE S A : Completion of CED Pharma acquisition
PU
06/08MED LIFE S A : DENT ESTET, part of MedLife Group, increases shareholding to 100% in Timiso..
PU
06/08MED LIFE S A : MedLife increases shareholding in CM Panduri by 10%, becoming sole sharehol..
PU
06/07MED LIFE S.A. (BVB : M) acquired the remaining 10% stake in Centrul Medical Panduri S.A.
CI
More news
Financials
Sales 2021 1 279 M 302 M 302 M
Net income 2021 - - -
Net Debt 2021 434 M 103 M 103 M
P/E ratio 2021 -
Yield 2021 -
Capitalization 2 315 M 548 M 547 M
EV / Sales 2021 2,15x
EV / Sales 2022 1,86x
Nbr of Employees 4 658
Free-Float 55,6%
Chart MED LIFE S.A.
Duration : Period :
Med Life S.A. Technical Analysis Chart | M | ROMEDLACNOR6 | MarketScreener
Technical analysis trends MED LIFE S.A.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 4
Last Close Price 17,60 RON
Average target price 14,65 RON
Spread / Average Target -16,8%
Managers and Directors
Mihail Marcu Chairman & Director General
Dorin Preda Director, Chief Finance & Treasury
Adrian Lungu Chief Financial Officer
Larisa Chiriac Medical Director
Nicolae Marcu Director, Chief Healthcare & Operations Officer
Sector and Competitors