Homecare Giants Medi-Markt and Unizell Merge to Create Liveo Group

Medi-Markt and Unizell, renowned German homecare specialists, have merged to form the Liveo Group. Supported by the private equity firm Gimv, Liveo aims to enhance homecare for chronically ill individuals across Germany. This merger combines their expertise in providing incontinence, stoma, and diabetes products, as well as training services and emergency systems.

The merger will see Liveo employing over 450 staff, generating approximately EUR 150 million in annual revenue. Despite the merger, both companies will maintain their individual brand identities.

Gimv, a key player since acquiring Medi-Markt in 2018, will hold a majority interest in the group. The acquisition approval process is underway and completion is expected in the coming weeks.