Add us as your preferred source on Google to see more of our content in Search.
Add to Preferred SourcesThe demand for medical procedures is rising in Mexico, due to high rates of chronic diseases including cardiovascular disease and diabetes.
Suppliers of integrated healthcare services, such as Grupo Vitalmex, play a key role in meeting this demand. DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH, is investing 14 million USD in the company in order to finance further growth. DEG is co-investor in a larger financing tranche led by Australis Partners Fund L.P., an independent private equity firm which specialises in Latin America.
DEG and Australis are not only providing Vitalmex with capital to grow and to help improve healthcare provision in Mexico. As shareholders, they are also giving active support in helping the company implement international environmental, social and corporate governance standards.
Australis Partners is a Latin American regional private equity firm focused on the markets of Mexico, Chile, Colombia, and Peru. Australis has a focus on sectors that include businesses benefiting from the growth of the emerging middle class.
DEG is committed to improving the provision of medical care in partner countries. To this end, DEG is financing, among other things, companies that produce medical technology or medicines as well as private hospitals.
Original source: KfW
Published on 6 September 2018