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The HBI Top 100 largest hospital groups in EMEA by revenue 2025 edition

HBI’s fifth annual ranking of the largest healthcare companies operating across EMEA is here. This year’s list is different from previous years: we've focused exclusively on the Top 100 for-profit hospital groups, rather than all healthcare services groups, ranking them by their 2024 sales.
September 18, 2025

German prosthetics maker Ottobock to IPO

Ottobock, a German orthopaedic technology and prosthetics maker, has announced plans for a fresh initial public offering (IPO) on the Frankfurt Stock Exchange by the end of 2025, targeting a valuation above €6 billion, according to a Reuters report.
September 17, 2025

Hungary bans private imaging groups from participating in public system

The government of Hungary is banning private providers of diagnostic imaging from providing publicly funded services. Pan-European diagnostics and outpatient group Affidea, the biggest private imaging provider in the country, tells us they will continue to operate in the country for privately funded patients.
September 16, 2025

Ribera Salud enters Poland

Spanish hospital group Ribera Salud has entered the Polish market. It has bought a small imaging and outpatient chain in Warsaw called Multi Med.
September 11, 2025

CapVest acquires German generics maker Stada for €10bn

London-based PE firm CapVest has bought a 70% stake in German pharma company Stada, in Europe’s biggest healthcare deal of 2025 so far. Bain Capital and Cinven, the company’s joint PE owners since 2017, will continue to hold the remaining 30%.
September 11, 2025

HBI Deals+Insights briefing September 2025: Intelligence members

Click here to download your August/September 2025 Deals+Insights double edition. In September’s double edition we cover two major M&A deals in Europe’s dental sector: the acquisition of the UK’s largest dental group, mydentist, by Bridgepoint, and the acquisition of Spain’s largest dental group, Donte, by Canadian pension fund Ontario Teachers’ Pension Plan. Other deals covered […]
September 10, 2025
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