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Filip & Company Advises Centrokinetic and Agista on Acquisition of Majority Stake in Socrates Clinic

Filip & Company Advises Centrokinetic and Agista on Acquisition of Majority Stake in Socrates Clinic

Romania
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Filip & Company has advised the Centrokinetic orthopedics and medical rehabilitation network together with its shareholder, the Agista investment fund, on their acquisition of a 70% stake in the Socrates clinic in Timisoara, Romania. Timisoara-based sole practitioner Diana Pavel Cios reportedly advised the sellers.

"The private healthcare market in Romania is one of the fastest growing in Central and Eastern Europe and continues on a steady consolidation path," Filip & Company Partner Alexandru Birsan commented. "Centrokinetic is now in an excellent position to grow and broaden its top-notch service offer in the western part of the country as well. We are confident that the new partnership will have a promising future, given the expertise and dedication of the Agista team."

Back in 2023, Filip & Company advised Agista on its initial minority investment in Romania's Centrokinetic medical clinic network (as reported by CEE Legal Matters on August 31, 2023).

The Filip & Company team was led by Birsan and Senior Associate Simona Ungureanu and included Partner Ioana Roman, Senior Associate Roxana Rosca, and Associates Raluca Rusu and Sergiu Paun.

Filip & Company at a Glance

Filip & Company is one of the leading law firms in Romania providing top quality assistance in all relevant areas of law for businesses operating in Romania or considering Romania. Specialized in complex projects that require an innovative approach, Filip & Company lawyers have significant experience in various areas, such as infrastructure and concession, mergers and acquisitions, energy, corporate, real estate, competition law, finance, and capital markets but also labour law, data protection, consumer or environment protection. The law firm also provides legal assistance and representation in disputes and arbitrations with significant implications for the clients’ businesses.

To find out more about Filip & Company’s expertise areas and team, please visit https://filipandcompany.com/