RASK advised Meliva AS on the acquisition of City Clinics.


RASK's attorneys, Karl Erik Esko, Karl-Kristjan Kahm and Ken Kaarel Gross advised Estonia's leading private healthcare company Meliva on acquiring dental care services provider City Clinics. RASK Attorneys-at-Law advised the client in all aspects of the transaction, including negotiations, preparation of transaction documentation and merger notice. Following the acquisition, the company's existing key personnel will remain, and operations will continue under the Meliva name with an approximately 80-member team. The acquisition will take effect upon receipt of merger clearance from the Estonian Competition Authority.

Marja-Liisa Alop, Chairwoman of the Board of Meliva, said that the integration of City Clinics into Meliva is strategically significant. "Dentistry is one of our main fields of activity, and I am happy to welcome renowned professionals into our ranks. We are united by a commitment to quality and patient-centered approach," stated Alop.

Following the transaction, Meliva operates 24 clinics across nine cities in Estonia. In addition to dental care, the company offers specialised medical care, occupational health, and mental health services, positioning itself as a provider of comprehensive healthcare services. Meliva employs approximately 800 people, and last year, the clinics registered 330,000 visits. The company is part of Mehiläinen, a Finnish healthcare company with over a century of experience in the field.

According to Karl Erik Esko, both Meliva and the sellers can be satisfied with the deal: "Transactions in the field of dentistry require a special approach, as the understanding between the parties to the transaction, both during the negotiation and afterwards, will largely determine future success. It is gratifying to note that in this transaction, the rhythm of mutual cooperation was maintained from the start of the negotiations to the signing of the agreements. I wish the soon to be united team of Meliva and City Clinics every success."