Alta Semper acquires Allmed Group; seeks to deepen African presence
Alta Semper acquires Allmed Group; seeks to deepen African presence
Allmed Group is a producer of end-to-end blood purification and haemodialysis solutions.
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Allmed Group, a producer of end-to-end blood purification and haemodialysis solutions, announced in June that private equity firm Alta Semper Capital has entered into definitive agreements to acquire the company.
This acquisition gives Alta Semper a controlling stake in Allmed, enabling the companies to leverage their combined expertise to improve healthcare access for patients with chronic kidney disease and other conditions requiring extracorporeal blood treatment.
Backed by a network of global investors, including the International Finance Corporation and several prominent impact-focused family offices, Alta Semper plans to strengthen Allmed's technology base in Germany and deepen the company's market presence across Africa and Latin America.
Based in the UK, Allmed is a global medical device company that designs, develops, and manufactures product solutions that it supplies to hospitals worldwide, as well as to emerging and frontier markets. It has also been involved in the development of several breakthrough technologies, and has been awarded multiple patents covering product design as well as production process domains over the last 10 years.
Afsane Jetha, CEO of Alta Semper, said, “Partnering with Allmed allows us to continue to develop the company’s market-leading footprint and support its exceptional team to realise the next important stage of growth for the business. What Allmed has achieved in just 10 years is unique; it has established a solid platform for capturing global growth, innovation, and on-the-ground impact. We look forward to backing the company’s best-in-class management to execute on our shared ambition to expand Allmed's reach and capabilities.”
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