Duomed Group announced the acquisition of Mar Medica Ltd.
Mar Medica Ltd. is a company based in Belgrade, Serbia, specializing in selling, installing, and servicing medical equipment and disposable medical supplies for both state health institutions and private clinics and hospitals, focusing on surgery, anesthesia, and intensive care. The company covers a market of over 20 million people, including direct sales in Serbia and Slovenia, as well as distribution sales in Croatia, Bosnia and Herzegovina, Montenegro, and North Macedonia.
Duomed Group, headquartered in Benelux, is a fast-growing Pan-European leading distributor of medical supplies, operating in a continuously growing market. The group is expected to reach 275m of sales with 620 employees, in Benelux, France, the UK, Switzerland, Scandinavia, Serbia, and Slovenia.
With this acquisition, Duomed Group realizes a significant geographical expansion in an emerging market. From the offices in Serbia and Slovenia, the group is now able to cover the Balkan region.
Karanović & Partners team, consisting of Partner Miloš Jakovljević, Senior Associate Igor Radovanović, and Junior Associate Pavle Vučetić, advised Duomed Group on this transaction.
*Partner and Senior Associate refer to Independent Attorney at Law in cooperation with Karanovic & Partners.
The information in this document does not constitute legal advice on any particular matter and is provided for general informational purposes only.