Avacare set to take off in French-speaking Africa with help from Amethis 

Avacare set to take off in French-speaking Africa with help from Amethis 

The South African healthcare group, present in 25 countries, 17 on the continent, will rely on its new shareholder to strengthen its African network.

Someone shares this article with you
            ▪ Avacare set to take off in French-speaking Africa with help from Amethis 

▪ The South African healthcare group, present in 25 countries, 17 on the continent, will rely on its new shareholder to strengthen its African network.

https://www.africabusinessplus.com/en/808950/avacare-set-to-take-off-in-french-speaking-africa-with-help-from-amethis/

For Amethis, this minority investment allows the private equity firm to support Avacare‘s next growth phase, as it has already posted a compound annual growth rate (CAGR) of more than 25% over the last five years. For the 2021 financial year, which ended at the end of June, the pharmaceutical company recorded more than $200 million in revenues from selling some 9,000 products across the continent.

This article is for subscribers only. To read more, subscribe with a special offer.

You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.

Recommended articles

Advisory

13/09/2021 at 15h57, by Africa Business+, updated 14/09/2021

Deana d’Almeida from CMS advises Sodigaz on entry of AIIM fund

According to Jeune Afrique Business+, the Sodigaz APC group, a Burkinabe gas distribution specialist,...

Private Equity

30/08/2021 at 12h05, by Africa Business+, updated 31/08/2021

Amethis completes €85 million first closing for its MENA Fund II 

According to Jeune Afrique Business+ sources, the vehicle has performed well with more than 71% of its...

News

23/08/2021 at 09h12, by Africa Business+, updated 24/08/2021

LeapFrog takes stake in Ghana’s Fidelity Bank as Amethis exits

The pan-African private equity firm has exited the Ghanaian institution it joined in 2014. 

News

15/07/2021 at 16h10, by Africa Business+, updated 16/07/2021

With Nicolas Manardo on board, Amethis is working on a special SME vehicle

The private equity firm wants to focus on players from the Old Continent who wish to establish themselves...

Industry

24/03/2021 at 17h38, by Africa Business+

Why Amethis took a 61% stake in the promising Magriser group

The fund made its first investment in the irrigation sector, supporting an ambitious Moroccan SME and...

Private Equity

15/03/2021 at 14h33, by Africa Business+

Demey and Rigouzzo target IFC for Amethis North African fund

The two Pan-African private equity directors ultimately target $150 million for their fund focused on...

Any questions ? contact us

Please get in touch with the Africa Business+ team if you require any further information.

Email us : [email protected]

Add AB+ to your home screen

1. Click on + at the bottom of your screen.

2. Click on + to add AB+ on the home screen.

3. Enter the name of the shortcut and confirm.