Ygia Group completes acquisition of Eden Medical Center

Ygia Polyclinic has announced the completion of its acquisition of the Eden Medical Center, turning Ygia Group into the largest private provider of inpatient care services in Cyprus, with over 270 beds.

The acquisition has received all necessary approvals from the Commission for the Protection of Competition.

Eden Medical Center, located in Larnaca, was founded in 2018. Eden’s rehabilitation services are aimed at individuals who have suffered injuries or disabilities, or who face neurological, post-operative, respiratory, cardiac, or other health issues, requiring care and support in order to restore, develop, or improve their functions and overall quality of life.

Its palliative care services target patients facing serious or life-threatening illnesses, aiming to alleviate symptoms and improve the quality of life for both the patients and their families.

Chairman of the Board of ECM Partners and Ygia Group Savvas Liasis commented: "With this acquisition, ECM Partners, which owns more than 90% of Ygia Group, marks another important milestone in its long-term strategy to invest in the healthcare infrastructure of Cyprus and the wider region. Eden Medical Center’s strong reputation in rehabilitation and palliative care aligns perfectly with our vision of creating an integrated, patient-centered continuum of care. We are proud to support the expansion of Ygia Group into a comprehensive healthcare provider that not only treats illness but also focuses on recovery, dignity, and quality of life. Through this transaction, we reaffirm our commitment to building resilient, accessible, and future-ready health systems across Southeast Europe."

With the transaction now complete, ECM Partners is further advancing its strategic goal of playing a pivotal role in strengthening and enhancing the broader healthcare sector in Cyprus and the wider Mediterranean region, a press release said.

The Chief Executive Officer of Ygia Group, Polyvios Dionysiou commented:
"It is with great pleasure that we announce the acquisition of the Eden Rehabilitation and Palliative Care Center by Ygia Hospital. This strategic move further strengthens our commitment to providing comprehensive and continuous healthcare, fully covering and coordinating the spectrum from hospital care to rehabilitation and reintegration of patients into their daily lives. With the inclusion of Eden in our network, we ensure high quality standards and full coverage of the needs of our patients. “Our goal is to continue to innovate in the health sector and offer a care system that puts people at the center."