{"id":610,"date":"2007-06-29T12:00:53","date_gmt":"2007-06-29T09:00:53","guid":{"rendered":"https:\/\/dev.mbrahastot.donbran.co\/uncategorized\/2007\/06\/medivire-tyoterveyspalvelut-yhdistyy-suomen-terveystalon-kanssa\/"},"modified":"2019-07-08T10:20:58","modified_gmt":"2019-07-08T07:20:58","slug":"medivire-tyoterveyspalvelut-yhdistyy-suomen-terveystalon-kanssa","status":"publish","type":"post","link":"https:\/\/www.mbrahastot.fi\/en\/press-release\/2007\/06\/medivire-tyoterveyspalvelut-yhdistyy-suomen-terveystalon-kanssa\/","title":{"rendered":"Medivire Ty\u00f6terveyspalvelut to merge with Suomen Terveystalo"},"content":{"rendered":"<h2 class=\"lead\"><span style=\"font-weight: 400;\">The new enterprise to be the largest provider of private healthcare services in Finland<br \/>\n<\/span><\/h2>\n<p class=\"lead\"><span style=\"font-weight: 400;\">MB Funds and other owners are selling Medivire Ty\u00f6terveyspalvelut Oy, part of Medivire Group, to Suomen Terveystalo Oyj, the most widespread provider of private doctors\u2019 surgeries in Finland. MB Funds acquired Medivire Ty\u00f6terveyspalvelut in 2000 and has over its 7-year ownership stint helped to turn the company into an incontestable market leader in its field.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">MB Funds acquired Medivire Ty\u00f6terveyspalvelut Oy in 2000 with the other owners at the time consisting of the Finnish State, Ilmarinen Mutual Pension Insurance Company and the company\u2019s management. Four years later, the State sold its holding to MB Funds, making MB Funds Medivire\u2019s biggest owner with 82 percent of the shares. At the same time, the Group acquired Medivire Hoiva Oy.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The newly signed deal concerns Medivire Ty\u00f6terveyspalvelut Oy, which is the biggest nationwide provider of occupational healthcare services in Finland. It has 60 healthcare centres in 40 different locations around Finland.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Medivire Ty\u00f6terveyspalvelut has grown steadily under MB Funds\u2019 management. In seven years the company\u2019s turnover has increased from 32 million euros to the current 82 million euros.<\/span><\/p>\n<p style=\"padding-left: 40px;\"><span style=\"font-weight: 400;\">\u201c<em>Under our management Medivire Ty\u00f6terveyspalvelut has grown from the State\u2019s internal occupational healthcare unit into an incontestable market leader in its field and its staff has more than doubled. In 2000 the staff numbered 410 whereas today it is over 900<\/em>\u201d, says <strong>Hannu Puhakka<\/strong>, Partner at MB Funds.<\/span><\/p>\n<p style=\"padding-left: 40px;\"><span style=\"font-weight: 400;\">\u201c<em>Medivire Ty\u00f6terveyspalvelut has now reached a stage where it is ready for a reshuffle. Merging the company with Suomen Terveystalo creates a new provider of private healthcare services that will be the biggest in the whole of the Finnish healthcare sector as well as enabling future growth and development<\/em>\u201d, Puhakka explains.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As a result of the deal, Medivire Group is split in two, as Medivire Hoiva Oy will remain with the current owners. Similarly to its sister company, Medivire Hoiva Oy has also established itself as a market leader in its own field and is currently experiencing a period of strong growth and development.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The agreement has been signed and the tax-free sale price of the entire share capital confirmed as 130 million euros. The merger will take place at the end of August. Kaupthing Bank acted as the sellers\u2019 financial advisor in the negotiations and Dittmar&amp;Indrenius provided legal advice.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Lis\u00e4tietoja:<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><strong>Hannu Puhakka<\/strong><br \/>\nPartner, <\/span><span style=\"font-weight: 400;\">MB Funds<br \/>\n<\/span><span style=\"font-weight: 400;\">+358 9 1310 1352 \/ +358 50 511 3917<\/span><span style=\"font-weight: 400;\">\f<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The new enterprise to be the largest provider of private healthcare services in Finland MB Funds and other owners are selling Medivire Ty\u00f6terveyspalvelut Oy, part of Medivire Group, to Suomen Terveystalo Oyj, the most widespread provider of private doctors\u2019 surgeries in Finland. MB Funds acquired Medivire Ty\u00f6terveyspalvelut in 2000 and has over its 7-year ownership [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-610","post","type-post","status-publish","format-standard","hentry","category-press-release"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v18.6 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Medivire Ty\u00f6terveyspalvelut to merge with Suomen Terveystalo - MB Rahastot<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mbrahastot.fi\/en\/press-release\/2007\/06\/medivire-tyoterveyspalvelut-yhdistyy-suomen-terveystalon-kanssa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Medivire Ty\u00f6terveyspalvelut to merge with Suomen Terveystalo\" \/>\n<meta property=\"og:description\" content=\"The new enterprise to be the largest provider of private healthcare services in Finland MB Funds and other owners are selling Medivire Ty\u00f6terveyspalvelut Oy, part of Medivire Group, to Suomen Terveystalo Oyj, the most widespread provider of private doctors\u2019 surgeries in Finland. 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