True partnerships taking business further

Medicum Group is expanding its surgical expertise and treatment capabilities by acquiring AS Fertilitas — a long-established and well-recognised private clinic in the fields of otorhinolaryngology, gynaecology and surgical care. With the addition of Fertilitas, Medicum will gain four specialised outpatient care locations as well as a modern hospital with an operating theatre unit in Viimsi. All nine Medicum and Fertilitas locations in Tallinn, Harju County and Tartu will remain open for patients.

The 2025 ESG Annual Report shows Livonia’s ESG work moving from ambition to execution. Across the portfolio, companies are turning sustainability priorities into practical value creation: cleaner energy, circular products, stronger governance, better people data, safer operations, and more resilient systems. The report also looks beyond the portfolio, highlighting Livonia’s role in strengthening the Baltic private markets ecosystem through education, industry networks, Level 20, VCA engagement, and investor dialogue.