EQT to Acquire Two Companies in Germany to Form Radiology and Radiotherapy Provider

By Joe Hoppe

EQT AB said Friday that its infrastructure arm has agreed to acquire two companies for an undisclosed amount, and that which it intends to form a combined radiology and radiotherapy provider in Germany.

The Swedish private-equity firm said EQT Infrastructure has agreed to acquire Meine Radiologie Holding GmbH from Triton Partners, and Blikk Holding GmbH from DBAG Fund VII, a private equity fund advised by Deutsche Beteiligungs AG.

The closing of the transaction is expected in the third quarter of the year subject to regulatory approval, and Deutsche Beteiligungs will remain a minority shareholder in the combined group.

Together, the two companies employ more than 1,300 people across 65 locations. Both companies are underpinned by long-lasting medical experience from their respective teams and practices, EQT said.

"Radiology and radiotherapy are highly essential and fast-growing sub-sectors in social infrastructure and healthcare, driven by positive demographic and technological trends and underpinned by a stable system that nurtures innovation and high-quality medical services," EQT Infrastructure advisory team partner Christoph Balzer said.

Write to Joe Hoppe at [e-mail]

(END) Dow Jones Newswires

07-09-21 1255ET