Pihlajalinna Terveys Ltd, part of Pihlajalinna Group, has agreed to acquire the entire share capital of Pohjola Hospital Ltd from its current owner Pohjola Insurance Ltd. The net debt-free purchase price, to be paid in cash, is EUR 31.8 million. In connection with the acquisition, Pihlajalinna will also sign a new five-year service agreement with Pohjola Insurance.

The acquisition will be subject to Finnish Competition and Consumer Authority’s approval.