ZAGREB, Croatia, June 16, 2022 /PRNewswire/ — Soon after final year’s investments in Zagreb dependent dental clinic Arena, Solin based dental clinic Salona Dental and dental lab Vladimir Tešija, Adria Dental Group’s expansion continues with investment decision in Rident, the most significant clinic in Croatia with clinics in Rijeka and Poreč, and Ridental d.o.o. dental laboratory, the greatest dental laboratory in Croatia.
With this investment decision, Adria Dental Team gets to be the most significant dental team in the area, with additional than 350 workers, additional than 60 surgeries, and about 140 dental pros, with yearly revenues of above EUR 25 million. The group is composed of 4 clinics and 4 laboratories (Zagreb, Solin, Rijeka, and Poreč), with more regional enlargement planned by the close of the yr.
“We are delighted that Rident identified our vision of progress and made a decision to come to be portion of Adria Dental Group. Becoming a member of forces will allow extra investments in the growth of our Group’s operations, like accessibility to systems and gear that dictate new traits in dental services,” stated Igor Čičak, President and CEO of PCP and Chairman of the Supervisory Board of Adria Dental Group.
Rident was founded 19 many years in the past by Dr. Željko Miljanić, a frontrunner of fashionable dentistry in Croatia, focused on prime good quality and service. Rident has been the leading dental clinic in Croatia for decades in phrases of the two the number of people and the amount of processes.
“We are proud that the premier clinic in the region has joined Adria Dental Group, earning the team stronger for an additional exceptional clinic, all with the purpose of delivering our people with the optimum level of high quality and support, with a staff of major industry experts and slicing-edge technologies. We strongly believe that that our patients will continue to acknowledge this,” said Gordan Muškić, President of the Administration Board of Adria Dental Team.
“I am delighted that our clinic, with an fantastic crew of dental industry experts, is becoming aspect of Adria Dental Team. Signing up for ADG will permit us to further fortify our market place position and keep on the growth route of both of those our clinic and the staff. Potent concentrate on people, staff and top quality has enabled us to become a single of the best and most acknowledged dental clinics in Croatia, which was acknowledged by ADG, as very well”, emphasized Dr. Željko Miljanić, Rident’s founder.
Provectus Money Partners (PCP), an investment decision company primarily based in Zagreb, has set up ASEF SCSp, the largest non-public equity fund from the Adria location, which owns the bulk of the shares in Adria Dental Team.
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Resource Adria Dental Group