CED reaches agreement regarding the sale of Meditel

CED has reached an agreement regarding the sale of Meditel. As of 1st October 2011, Meditel will operate, by means of a management buy-out, as an independent organisation from a new establishment in Gouda. The fifty employees of Meditel will remain in service.

The sale of Meditel integrates with the strategic choices which CED recently made to concentrate on its core business; expertise and claims management. Earlier this year, CED already sold the certification activities to KIWA. With the disinvestment of Meditel CED has realized a further focus on the main activities.

CED a leading player in Europe
Thanks to further professionalization and innovative service CED realizes its international buy-and-build strategy. CED´s ambition is to be the leading claim handler in Europe, from a strong Benelux home base, in five years time. In addition to being the market leader in the Benelux, CED has also been the market leader in Spain since he takeover of CSP in July of 2001.  

“Besides international growth, we remain interested in growth opportunities in the Netherlands as well, where we see potential, in particular, in the field of claims management and human-related loss adjustment services, such as bodily injury management and medical advice”, concludes Mike van Emmerik, member of the Board of Directors of CED Holding.