Echo-Lab (ex-Echo-Scan)
December 2017 · NigeriaActivity : Labs and imaging
Instrument : Majority stake acquired by IDH and Man Capital LLP, in partnership with IFC; amount not disclosed
Laboratory and radiology network in Lagos, renamed Echo-Lab after its acquisition; IDH's platform for its entry into Nigeria.
Why they invested
- A foreign diagnostics group enters a market by acquiring a local network
Co-investors IFC (International Finance Corporation), Man Capital LLP (Co-Lead)
Source : idhcorp.comN1 · Primary source