Home / Business and Economy / Reale Mutua Buys 80% of Lifenet Healthcare for 600M Euros
Reale Mutua Buys 80% of Lifenet Healthcare for 600M Euros
17 Feb
Summary
- Reale Mutua is acquiring 80% of Lifenet Healthcare.
- Lifenet Healthcare expects revenues over 450 million euros this year.
- The transaction values Lifenet Healthcare at around 600 million euros.
Exor, the Agnelli family's investment vehicle, and Lifenet Healthcare's founder have agreed to sell the Italian private clinics and diagnostics group to insurer Reale Mutua. This transaction is valued at approximately 600 million euros, with Reale Mutua acquiring an 80% stake.
Lifenet Healthcare, operating private hospitals, eye clinics, and dental facilities across multiple Italian regions, projects revenues surpassing 450 million euros this year. Founder Nicola Bedin will retain a 20% share through his holding company, Invin.
The deal highlights a significant trend of increasing collaboration within the health services sector. Insurers and healthcare groups are forging partnerships to manage costs and attract more patients, particularly focusing on outpatient services, day-surgery centers, and diagnostics.
