Econostrum | Economic News in the Mediterranean
en.econostrum


   
en.econostrum



           

Mediterrania Capital Partners acquires 20% of Moroccan clinic group Akdital Holding




The Longchamps clinic, one of the five owned by the Akdital group (photo: Mediterrania Capital Partners)
The Longchamps clinic, one of the five owned by the Akdital group (photo: Mediterrania Capital Partners)
MALTA / MOROCCO. Mediterrania Capital Partners is to become a shareholder in Akdital Holding after acquiring a 20% stake in its capital, via its MC III fund. The private equity firm dedicated to the growth of SMEs in North Africa and sub-Saharan Africa intends to "strengthen the position of the Akdital group as a leading Moroccan operator in the health sector and further exploit its strong growth potential by continuing to open new health establishments in several cities in the kingdom", says the communication service of Mediterrania Capital Partners.

Today, the Moroccan group owns five private clinics in the Greater Casablanca region. The objective is to double its hospitalisation capacity in the next two years.

Created in 2011 by Rochdi Talib from the Jerrada clinic (100 beds), the group now has a total capacity of 550 beds in three multidisciplinary establishments (Jerrada, Ain Borjaa, Ain Sebaa), one specialising in cardiology (Longchamps) and one dedicated to cancer treatments (Clinique internationale d'Oncologie).

Mediterrania Capital Partners, operational since December 2017, is making its fifth investment in Akdital Holding with its MC III fund, after TGCC (Morocco), Cairo Scan (Egypt), Cofina (Ivory Coast) and Aziza (Tunisia). These four companies have achieved a growth of 69% between the end of September 2018 and the end of September 2019.

Frédéric Dubessy


Friday, November 29th 2019



Article read 24 times


Articles which should interest to you
< >