NovaCare Acquires European Specialist Clinical Network in €340M Deal
NovaCare has agreed to acquire PanClinic, a network of 68 specialist outpatient clinics across Germany, Austria, and Switzerland, for €340 million.
NovaCare, a healthcare services group, today announced the signing of a definitive agreement to acquire PanClinic, a network of 68 specialist outpatient clinics operating across Germany, Austria, and Switzerland, for a total consideration of €340 million.
PanClinic serves approximately 820,000 patients annually across specialisms including orthopaedics, ophthalmology, dermatology, and ear-nose-throat (ENT). The acquisition will extend NovaCare’s European clinic footprint to 142 sites and add approximately 4,200 clinical and administrative staff.
“PanClinic’s reputation for clinical quality and patient outcomes is exceptional,” said NovaCare Group CEO Dr. Michael Baumann. “This acquisition accelerates our strategy to build a fully integrated outpatient care network across the DACH region.”
The transaction is expected to close in Q2 2026, subject to regulatory approval from the German Federal Cartel Office and Austrian competition authorities.
Media Contact MediPlex Media Relations on behalf of NovaCare | [email protected]
Written by
MediPlex Media Relations
Director of Communications, MediPlex Healthcare
Media contact for MediPlex Healthcare, a medical technology and diagnostics company operating across Europe.