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Oppenheim Advises MedLife Group on Acquisition of VP-Med Health Centre

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Oppenheim has advised Romania's MedLife Group affiliate Genesys Medical Clinic on the acquisition of Budapest-based VP-Med Health Centre from Attila Szabo and Olga Szegvari.

MedLife Group is a provider of private medical services in Romania, operating medical clinics, hospitals, and medical analysis laboratories. According to Oppenheim, "since the acquisition of RMC Clinics in 2019, MedLife has been one of the significant market players in Hungary as well."

VP-Med Health Centre is a Hungarian private varicose vein center offering personalized treatment and surgery.

According to Oppenheim, the acquisition will expand RMC Clinics' surgical services to include vascular surgeries. Attila Szabo, one of the founders of VP-Med, will "actively participate in the development and the management of the company after the acquisition. According to MedLife, education and training are important to both companies, so it was not difficult to align these goals."

The Oppenheim team included Partner Mihaly Barcza, Counsel Zoltan Kolodzey, and Associate Lilla Julia Toth.

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Nagy és Trócsányi was founded in 1991, turned into limited professional partnership (in Hungarian: ügyvédi iroda) in 1992, with the aim of offering sophisticated legal services. The firm continues to seek excellence in a comprehensive and modern practice, which spans international commercial and business law. 

The firm’s lawyers provide clients with advice and representation in an active, thoughtful and ethical manner, with a real understanding of clients‘ business needs and the markets in which they operate.

The firm is one of the largest home-grown independent law firms in Hungary. Currently Nagy és Trócsányi has 26 lawyers out of which there are 8 active partners. All partners are equity partners.

Nagy és Trócsányi is a legal entity and registered with the Budapest Bar Association. All lawyers of the Budapest office are either members of, or registered as clerks with, the Budapest Bar Association. Several of the firm’s lawyers are admitted attorneys or registered as legal consultants in New York.

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The firm advises a broad range of clients, including numerous multinational corporations. Among our key clients are: OTP Bank, Sberbank, Erste Bank, Scania, KS ORKA, Mannvit, DAF Trucks, Booking.com, Museum of Fine Arts of Budapest, Hungarian Post Pte Ltd, Hiventures, Strabag, CPI Hungary, Givaudan, Marks & Spencer, CBA.

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