Romania’s Agista buys 30% of Centrokinetic

Romania’s Agista buys 30% of Centrokinetic

October 5 (SeeNews) – Romanian investment fund Agista said on Thursday that it has acquired 30% of local medical network Centrokinetic for an undisclosed sum.

For the following four years, the investment plan for the network is to expand to more than 10 clinics nationally, Agista said in a press release.

“On one hand, the partnership with Agista helps us further focus on what we do best – assisting patients in need of specialised medical recovery. On the other hand, we will now do this with the conviction that we have a strong team behind us, helping us grow as a business, seize growth opportunities as they arise and make the best decisions for the future of Centrokinetic,” said Bogdan Andrei, medical director and founder of Centrokinetic.

Eastablished in 2016, Centrokinetic currently employs a team of 110 doctors and therapists. Last year, the company booked a turnover of over 4.5 million euro ($4.7 million) and EBITDA of 600,000 euro.

Agista is an investment fund launched by the Impetum Group. It invests in various sectors, focusing on the IT&C, healthcare, recycling, and agritech industries.

Photo: Andrei Bogdan, founder of Centrokinetic

Source: SeeNews