DWS has acquired German radiotherapy platform provider RadioOnkologieNetzwerk (RON) on behalf of its third Pan-European Infrastructure (PEIF III) fund.
RON operates the largest radiotherapy network in Germany, with 17 different sites spread across five states in the country.
The combined company will benefit from an existing presence in Germany, Italy and the United Kingdom. The group’s services will include a network of clinics, management of outsourced radiotherapy departments of hospitals, and the provision of managed equipment services for radiotherapy and radiology.
The planned expansion would include both the acquisition of new clinics and organic growth via new outsourcing contracts with hospitals, in existing and new countries such as France, Austria and Switzerland.
Financial terms of the transaction were not disclosed.