MedLife S.A.

M&A Activity • Jun 4, 2025

MedLife continues to develop the Sfânta Maria brand and signs a new acquisition in Cluj-Napoca

• MedLife announces the acquisition of the entire share package of the MEDSTAR clinic group in Cluj-Napoca.
• The clinic group will operate under the Sfânta Maria brand, part of the MedLife group, which primarily serves patients accessing services through the National Health Insurance System (NHIS).
• By acquiring MEDSTAR, the Sfânta Maria Network strengthens its national presence, already active in 15 counties across the country: Alba, Bucharest, Brăila, Constanța, Craiova, Galați, Bacău, Iași, Timiș, Sibiu, Vrancea, Prahova, Argeș, Dolj, and Cluj.
• Sfânta Maria is likely the network with the highest number of general practitioners and specialists contracted with the National Health Insurance System (NHIS) in Bucharest, ranking in the top 3 nationwide.

Bucharest, June, 4 th , 2025: MedLife, the largest private healthcare network in Romania, announces the full acquisition of the MEDSTAR clinic group, a long-standing healthcare provider in Cluj-Napoca, active in outpatient and paraclinical medical services. Through this transaction, MedLife, via the Sfânta Maria network, strengthens its presence in the Transylvania region.

Founded in 2004, MEDSTAR is a group of companies composed of 4 clinics, a laboratory, light imaging facilities, and 2 recovery centers, all operating exclusively in Cluj-Napoca. In 2024, the company recorded a turnover of approximately RON 32 million.

MEDSTAR offers integrated outpatient and paraclinical services, covering more than 30 medical specialties with a team of over 200 specialists. Its portfolio includes specialty consultations, laboratory tests, radiology services, mammography, DEXA investigations, occupational medicine, as well as comprehensive medical recovery services for both children and adults. Additional services include traffic safety assessments and dermatology and aesthetic medicine clinics, addressing a wide range of patient needs.

As a result of the transaction, MedLife, through Sfânta Maria, has acquired 100% of the shares of MEDSTAR SRL. The current management will remain in place and will be joined by Ovidiu Piros, who will take on the role of General Manager.

This acquisition is part of MedLife's strategy to accelerate the development of the Sfânta Maria brand – a medical network that currently includes over 60 proprietary medical units, the result of both acquisitions and organic growth in recent years. The brand originated from the integration of Diamed, Ghencea, Anima, and Life Med clinics and laboratories, and was later expanded through the acquisition of key regional players such as Labor Maricor, Matei Basarab, Expert Med, Medica Sibiu, Irina Galați Medical Center, Profilaxis Timișoara, ProLife Iași, Provita 2000 Constanța, Sf. Ilie Craiova, and Union Medical Cluj.

" We are continuing the expansion of the Sfânta Maria brand, which is becoming a benchmark for accessible and integrated healthcare at the national level. Our strengthened presence in Cluj reflects our commitment to patients and to developing modern medical services in partnership with local teams that are already deeply rooted in the community.

I would like to mention here the teams at Humanitas Hospital, Badea Clinic, and Union Clinic – all part of the Sfânta Maria network – and the list goes on. Furthermore, we will strengthen our presence among companies in Cluj with an extremely competitive and unique offer in the local market.", said Dorin Preda, Deputy CEO MedLife Group.

With a presence on the Romanian market for 6 years, the Sfânta Maria medical brand has established itself as one of the most important national healthcare networks, offering a wide range of medical services, with a particular focus on those reimbursed through the National Health Insurance System. Sfânta Maria also stands out, likely, as having the largest network of specialist doctors contracted with the National Health Insurance House (NHIH), as well as one of the largest networks of family medicine practices.

"The mission of the Sfânta Maria network is to provide accessible, high-quality, prompt, and patient-centered medical care. We are already present in major cities such as Bucharest, Cluj, Iași, Timișoara, Constanța, Galați, Craiova, Sibiu, and Bacău, and we aim to expand this network nationwide in the near future, bringing healthcare closer to as many Romanians as possible," said Corina Neagu, Chairman of the Board of Directors, Sfânta Maria Network.

"This acquisition reaffirms our strategic direction to build, within the Sfânta Maria brand, a modern healthcare network with strong roots in local communities. We are pleased to welcome the MEDSTAR team into our network – a trusted partner with tradition, reputation, and a real impact on the medical landscape of the city of Cluj", said Ovidiu Piros, Chief Operating Officer of the Sfânta Maria network and the new CEO of the MEDSTAR group.

Through this new acquisition, MedLife reaffirms its commitment to developing one of the most extensive and high-performing medical networks in Romania, maintaining a patient-centered approach supported by local expertise and state-of-the-art technology. The Sfânta Maria brand will continue to expand, with the primary goal of providing fast, fair, and empathetic access to quality medical services in as many regions of the country as possible.

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About MedLife Group

MedLife started nearly three decades ago, grew steadily, and has become the largest private medical services provider in Romania. The Romanian entrepreneurs who founded the company invested and got involved to bring change to the Romanian healthcare system, believed in innovation, and dared to aim high to offer Romanian patients quality, professionalism, care, and respect for their needs.

The company operates the most extensive network of clinics, one of the largest networks of medical laboratories, general and specialized hospitals, and has the largest corporate client base for Health Prevention Packages in the country. It is also, in terms of sales, one of the largest private medical services players in Central and Eastern Europe.

The MedLife Group has a successful history of both organic growth and growth through acquisitions. Its strong and experienced management team has been able to create and manage these growth opportunities, gaining valuable knowledge and experience that allow it to find the best path for continuing successful expansion.

As a Romanian company with tradition, MedLife chose to list on the Romanian Stock Exchange, serving as a model for listings on the local capital market. It has opened new horizons and, through the corporate governance it has implemented, has inspired other local companies to follow this path and help develop Romanian capital and the economy. MedLife SA's shares are admitted to trading on the regulated market managed by the Bucharest Stock Exchange, Premium Category, under the trading symbol "M".

During the pandemic, MedLife played an essential role in society and gained a leadership status in pandemic monitoring through active involvement in research.

The company continues to invest in projects with an impact on the local community, technology, and infrastructure. It creates jobs and develops an ecosystem that contributes to the development and maintenance of a healthy Romania.