The Ygia Group has acquired the Eden Medical Centre in Larnaca. According to official information, the transaction has received all the necessary approvals from the Competition Protection Commission. This strategic agreement has strengthened the group's position as the leading private network of multi-speciality hospitals in Cyprus.
Ygia Group can now offer its patients 270 beds, significantly expanding its capabilities in the field of inpatient and rehabilitation treatment.
Eden is a centre that sets high standards of care
Founded in 2018, the Eden Centre specialises in providing rehabilitation services for trauma, surgery, neurological and cardiac conditions. The facility also provides palliative care for patients with serious or terminal illnesses, helping to alleviate their symptoms and improve their quality of life. Eden's rehabilitation programmes aim to return patients to their daily activities, restore bodily functions, and improve overall well-being.
New stage in the development of healthcare
Savvas Liassis, Chairman of the Board of Directors of ECM Partners and Ygia Group, commented that the completion of the transaction is an important milestone in strengthening the private healthcare system.
The acquisition of Eden Medical Center is an important step in our long-term strategy to develop healthcare infrastructure in Cyprus and the region. We are committed to creating an integrated healthcare system that puts people at the center. This means not only treatment, but also rehabilitation, care, and respect for the dignity of the patient. We are proud to support the expansion of the Ygia Group towards a full cycle of medical services.
Liassis also emphasised that the merger would enable the group to expand its range of services and implement a more holistic approach to patient treatment and recovery. Ygia Group CEO Polivios Dionisiou added that the deal strengthens the group's potential in the field of comprehensive and continuous healthcare.
About Ygia Hospital
Founded in Limassol in 1983, Ygia Hospital is the largest private medical facility on the island. It has 560 employees, 180 partner doctors and 178 beds, and is fully integrated into the GESI (Cyprus General Healthcare System). It provides a full range of medical services and has intensive care and emergency departments, as well as a laboratory for diagnostics. The medical facility adheres to international quality and safety standards, implementing advanced technologies and medical protocols.
About ECM Partners
ECM Partners is a recognised investment fund regulated by the Slovenian Securities Commission. The company specialises in strategic investments in the healthcare and pharmaceutical sectors in Central and South-Eastern Europe. The fund's investments exceed €1 billion. Its key assets include the pharmaceutical company Famar, which has a presence in Greece, Spain and Italy, as well as Ygia Hospital and Eden Medical Centre in Cyprus. ECM also owns a stake in the London-based biotechnology company Bio-ReCell, which develops cell and gene therapy technologies.