Althea continues European expansion with acquisition of MVS

Althea (formerly Pantheon Healthcare Group) today announced the acquisition of MVS Sp. z o.o (MVS) in Poland.  The purchase consolidates the independent multi-vendor diagnostic imaging service market in Poland while accelerating the availability of more efficient and reliable asset management service solutions to both public and private healthcare providers.  The acquisition further strengthens Althea’s pan-European service delivery infrastructure with the addition of MVS’s state of the art parts, equipment refurbishment and testing facility located in Mikolow.  MVS will play an increasingly important role within the Group by enhancing the company’s core value proposition of improving the quality of patient care by providing more reliable and efficient multi-vendor service solutions that deliver industry-leading equipment availability to clinicians across all MRI, CT, Angio, PET CT and other general X-ray systems.

Founded in 2009, MVS developed Poland’s first independent, multi-vendor diagnostic imaging service company supporting various OEM platforms, providing comprehensive maintenance and asset management services as well as turn-key equipment solutions.  With the completion earlier this year of its ISO 13485 medical device certification for quality management systems, MVS became the only ISO-certified independent diagnostic imaging service providers in Poland.

“I am very excited to formalise our partnership with the MVS team in combining our efforts to accelerate the growth plans of Althea in Poland and across Europe,” said Althea’s Chief Executive.  “We share a common culture and passion for serving customers with the highest quality diagnostic imaging solutions, underpinned by the entrepreneurship and innovation that defines our most important asset in the company – our people.  I look forward to supporting MVS in executing our collective growth plans in Poland and enhancing the execution of our service delivery platform across Europe.”

MVS CEO and Board Director commented, “From the beginning of MVS in 2009, we set out to provide more efficient and reliable alternatives for diagnostic imaging services to help healthcare clinics and hospitals better manage their installed base of assets.  It has been satisfying to see our goals realised to this point, and now to have the opportunity to further expand our footprint in Poland while contributing in a broader way to Althea’s European growth.”