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Motieka & Audzevicius and Magnusson & Partners Advise on Sale of Bendrosios Medicinos Praktika

Lithuania
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Motieka & Audzevicius has advised the shareholders of Bendrosios Medicinos Praktika on the sale of the hospital to the CGP Management holding company which controls the Camelia pharmacy chain Camelia. Magnusson & Partners advised the buyers on the deal.

According to Motieka & Audzevicius, "the clinic provides highest quality medical services which comply with European standards and is a major site of attraction for medicine tourism. This transaction will firstly benefit the patients, as the clinic operates on purpose to take care of any special needs of the patients. It will enable the clinic to widen the provision of multi-profile treatment. Additionally, the transaction will help to strengthen multidisciplinary teams which are able to seamlessly provide patients with the best possible methods for preventing, predicting and treating various diseases and conditions as the buyer is a dynamic, flexible and rapidly growing pharmacy chain."

The Motieka & Audzevicius team was led by Partner Giedrius Kolesnikovas and included Associates Rokas Jankus and Martynas Bendikas.

The Magnusson & Partners team consisted of Managing Partner Ligita Ramanauskaite and Laura Slezeviciute.

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