Integrated Diagnostics Holdings PLC has successfully acquired CAIRO RAY for Radiotherapy, enhancing its radiology portfolio in Egypt for EGP 400 million.
Target Information
Integrated Diagnostics Holdings PLC (IDH) has made a significant advancement in its Egyptian radiology portfolio through the strategic acquisition of CAIRO RAY for Radiotherapy. CAIRO RAY is a distinguished radiology and radiotherapy facility located in East Cairo, Egypt. The acquisition was finalized for a total consideration of EGP 400 million and signifies IDH's commitment to expanding its footprint in the diagnostic services sector.
This deal not only enhances IDH's existing capabilities but also aligns with the company’s long-term vision of developing a comprehensive radiology service in conjunction with its established leading pathology operations. By integrating CAIRO RAY into its network, IDH aims to provide a broader spectrum of diagnostic services to its clientele, improving access and quality of care.
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Industry Overview in Egypt
The healthcare industry in Egypt has been rapidly evolving, characterized by increased investment in medical infrastructure and technology advancements. Radiology, in particular, is seeing significant growth due to rising demand for diagno
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Integrated Diagnostics Holdings PLC
invested in
CAIRO RAY for Radiotherapy
in
in a Strategic Partnership deal
Disclosed details
Transaction Size: $13M