FX.co ★ KKR To Acquire Healthium Medtech From Apax Funds For Undisclosed Terms

KKR has reached an agreement to purchase Healthium Medtech Ltd., a medical devices company based in India. The seller is an affiliate of funds managed by Apax Partners LLP. The specific financial details of this deal have not been made public.

The purchase will be conducted through a specially created entity wholly owned by KKR-operated funds. This entity will secure a majority stake in the Healthium group, inclusive of Healthium itself.

This agreement is awaiting certain regulatory approvals. Should these be granted, it is predicted that the deal will be finalized in the third quarter of 2024.