Glimstedt advised UAB CGP Management on the sale of the largest network of private clinics in Lithuania

Glimstedt advised UAB CGP Management on the sale of the largest network of private clinics in Lithuania

Repharm, the largest Latvian healthcare group, has acquired the largest network of private clinics in Lithuania – four private medical service operators. Repharm has become a majority shareholder in UAB MediCa klinika, UAB Kardiolita, UAB Bendrosios medicinos praktika, and in UAB Svalbono klinika, all operating under the trademarks MediCa klinika and Kardiolitos klinikos. All such operators have been previously controlled by UAB CGP Management.

The acquired group of companies represents the largest private medical service provider in Lithuania with a network of 33 clinics operating in 16 cities. The network includes Kardiolitos klinikos in Vilnius, the only privately-run hospital in Lithuania providing for hospital care services.

Glimstedt acted as a legal advisor to UAB CGP Management on all legal matters of the sale transaction. The team was led by Partner Andrius Ivanauskas, assisted by Associate Partner Edvard Gasperskij, Senior Associate Michailas Molis and Associate Simona Butkutė.

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