Transaction Summary
Iwosan Investments Limited (Iwosan), a healthcare investment holding company, has announced the 100% equity acquisition of Eurapharma Care Nigeria Limited (Euracare Nigeria), which operates a single multi-specialist hospital in Lagos, Nigeria. While Euracare operates in both Nigeria and Ghana, this transaction covers only the Nigerian operations. The Lagos facility provides advanced diagnostics and specialist care across more than 20 medical disciplines. The seller is Eurapharma, the healthcare division of Compagnie Française de l’Afrique Occidentale (CFAO Group), a French multinational specialising in distribution and services across Africa, with core activities in healthcare, mobility, and consumer goods. Financial terms of the transaction were not disclosed. The acquisition is expected to accelerate Euracare Nigeria’s growth, enhance service delivery, and unlock operational synergies through integration into Iwosan’s expanding healthcare platform.
Terms
- Seller: Eurapharma
- Buyer: Iwosan Investments Limited
- Target: Eurapharma Care Nigeria Limited
- Financing Type: Equity
- Transaction type: Mergers and Acquisitions
- Type of M&A: Acquisition
