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MIKHAIL TIKOV
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Buys from Eurohold the official importers of Nissan, Renault and Dacia
Mihail Tikov – founder of Bulpharma – the holding of hospitals, including UMHAT “Sofiamed”, enters the car business. Through his company, he plans to acquire car dealers from Auto Union, according to a statement from the Commission for Protection of Competition.
With the deal, Tikov’s hospital group will enter a new business, since it is already permanently present in the real estate sector. The subject of the deal will be companies with a turnover of over BGN 100 million. These are the Nissan dealer in Bulgaria N Auto Sofia and the subsidiary Espas Auto, which is the largest official importer of Renault and Dacia. ”In our country.
Bulpharma commented that they expect the CPC’s permission to buy from Auto Union 100% of their company N Auto. She, in turn, is the majority owner of two companies – Espas Auto and Espas Property. Bulpharma views the purchase as an investment in the car sales sector.
Probably, Tikov, who is focused on the medical part, will not deal with the new business personally, but will be taken over by his sons. Bulpharma does not plan any changes in the acquired business. Espas Auto remains headed by CEO Yordan Badyokov, who has been managing the company since 2014.
Auto Union is a holding company uniting the investments of Eurohold Bulgaria in the automotive sector. In addition to the current ownership of N Auto Sofia and Espas Auto, it also includes a number of companies that are importers and dealers for Bulgaria of brands such as Alfa Romeo, Fiat, Ferati, Mazda and others. as well as scooters and motorcycles “Brixton”, “Lamberta” and “Malaguti”, dealers of “Opel”, BMW service.
Bulpharma is owned by Dr. Mihail Tikov and his family, the company owns the largest Bulgarian health chain of hospitals, including Sofiamed Hospital in the capital, medical centers and pharmacies in major cities, as well as a trader. wholesale with drugs.
Apart from the health business, the group is also engaged in construction, transport and hotel activities. He is currently building new residential and commercial complexes in Sofia on a plot of land in the Iztok district. The company also bought the land of the former IPC Rodina, not far from the largest hospital in the group – Sofiamed.
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