Podoactiva acquires the Valencian Foot Institute and continues with its expansion process

Within our strategic growth and business development plan, we have acquired the Valencian Foot Institute (IVPie) to the investment company Angels, promoted by the businessman Juan Roig. Both parties have closed the sale for 100% of the Valencian company.

Angels, which operates with exclusively private capital, became a shareholder of IVPie in 2009. A year later, the podiatric institute opened a street clinic in Valencia with services for comprehensive foot care that will work, from now on, under our brand, and that has carried out more than 20.000 treatments in 2018.

The positioning in Valencian Community and IVPie's client base are other assets we acquired, including sports entities as prestigious as the Valencia CF, Villarreal CF, Valencia Basket or the training and sports complex L'Alquería del Basket, which further reinforces its work in the field of sport, with more than 3.500 athletes and elite sportspeople among its more than 350.000 clients.

Víctor Alfaro, CEO of Podoactiva, has stated that “it is a very interesting operation for us. IV Pie it has been a reference in Valencia and now we will be able to advance in technological innovation and services to continue growing."

We continue with our growth and consolidate ourselves in the Valencian Community!