Medu Capital finds appetite in healthcare

Private equity — traditionally wary of the complex, highly regulated drugs sector — is increasingly scanning the pharmaceuticals industry for value, suggesting scope for sizeable buyouts. PRIVATE equity fund Medu Capital has acquired for an undisclosed sum a 40% equity interest in Medipost Courier Pharmacy and a 40% stake in medical distribution firm Kawari Wholesaler.
Other [...]

Medu Capital takes up a 40% equity stake in Medipost Courier Pharmacy

Medipost was established in 1991 as the first courier pharmacy in South Africa, with a focus on the distribution of chronic medication to patients nationally. Medipost currently processes an average of 140,000 prescriptions per month, making it the largest courier pharmacy in South Africa. Kawari was established in 2004 as a pharmaceutical wholesaler which supplies medicines to various retail and courier pharmacies nationally.

LATEST NEWS HEADLINES

• The Role of Venture Capital Model in an Islamic Economic System
• IHS moves to the cape
• Regional private equity to rebound next year
• HSBC may bid for S.Africa’s Nedbank: report
• Citadel Capital: African Business of the Year

ALSO IN THE NEWS

SA Private Equity gains confidence

South African private equity firms are increasingly looking at the rest of the continent, spurred by the success of local telecoms and retail companies in Africa’s frontier markets, according to KPMG.
Africa’s biggest economy accounted for more than 70 percent of the sub-Saharan region’s $2.9 billion of private equity deals in 2008, but this share is [...]

MORE STORIES

How to get a job in private equity: The ideal CV

• Pension funds eye $200 stake in private equity
• S.Africa bonds gain on inflation hopes, rand up
• Actis increases investments in emerging markets
• South Africa to increase regulation of PE
• Actis invests US$50 million in Integreon
• Aureos Raises U.S. $381 Million For New African Fund

HAVE YOUR SAY

Join our list of prestigious institutions who have contributed their expertise our site. It’s a great way to share your views and gain recognition for your insights and thought leadership.

PROMOTIONAL BLOCK - ADVERTISE

We have various advertising opportunities, please enquire now!

MORE NEWS HEADLINES

• Hedge Fund Investment Analyst
• Citadel Capital Named Top African Private Equity Firm—Again
• Citadel Capital Hires a General Manager for its East Africa Expansion
• Signs of life seen in Africa private equity funds
• Private Equity Associate
• Venture capitalists buy into Twitter ‘for 100m’