KKR acquires Indian medical device company Healthium Medtech from Apax Partners for Rs 7,000 crore.
Global investment firm KKR is set to acquire Indian medical device company Healthium Medtech from Apax Partners for an estimated Rs 7,000 crore. Founded in 1992, Healthium manufactures and sells a wide range of surgical products globally. Since its acquisition by Apax Funds in 2018, Healthium has expanded its presence from 50 countries to over 90 and strengthened its portfolio of wound closure devices and consumables. KKR plans to use a special purpose vehicle to buy a controlling stake in Healthium, as announced in a joint statement with Healthium and Apax.
May 06, 2024
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