B Investments is pleased to announce that its board of directors approved on August 13th, 2020 the establishment of an EGP 1 billion specialized healthcare company, with B Investments initially committing EGP 200 million to the company.
The specialized healthcare company seeks to acquire majority stakes in leading local healthcare players. Furthermore, the company plans to create synergies between investee companies to achieve operational and administrative efficiencies to offer integrated medical services in accordance with international standards.
Through its specialized healthcare company, B Investments aims to penetrate the defensive and growing Egyptian healthcare market through partnerships with experienced and capable medical teams.
The investment committee of B Investments approved the commencement of the due diligence process for the first potential portfolio investment of the specialized healthcare company.