Deal Round-up 23/11/01

Euromedic takes £13m funding

The Euromedic group, a healthcare provider in Central and Eastern Europe, has secured $13m funding from the International Finance Corporation, the private sector arm of the World Bank. The funding is part of a $33m expansion plan, which will enable Euromedic to expand its network of diagnostic imaging and hemodialysis centres in the region.

Euromedic is owned by GE Equity, the private equity unit of GE Capital, Dresdner Kleinwort Benson Emerging Europe, a Central European private equity fund advised by Dresdner Kleinwort Capital, part of Dresdner Bank. The Global Environmental Fund, international investments firm and private investors also own have stakes.