Lux Med continues its aggressive growth strategy based on take overs

The buyer would not reveal the value of the transaction, but announced it would continue to take over other medical centers. "We are interested in incorporating other medical companies into our network," said Marcin Halicki, president of Lux Med. The company is either purchasing clinics or signing cooperation agreements with them. However, it is also intending to enter a new segment. "In 2005 we opened clinics in Wrocław and Warsaw and we will soon launch another investment in Kraków. We will commence investments in hospital services," said the president. The investor is negotiating the take over of two financial troubled public hospitals, which are well located. The estimated unit cost of the transaction and required modernization is estimated at almost zł.30 million. (Puls Biznesu, pp. 1, 8) M.M.