Egyptian PE firm invests in pharma industry
Egyptian private equity firm B Investments has invested about EGP 300 million ($9.7 million) in EZ International.
The investment was made through B Pharma, an investment vehicle established by B Investments for the purpose of investing in EZ international. B Investments’ current ownership in B Pharma is 60%.
On 8 May 2023, B Investments and TSFE Healthcare & Pharma Subfund announced the establishment of a new company, EZ International, in partnership with pharmaceutical chain El-Ezaby Pharmacy, offering logistics and management services for pharmacies, as well as pharmaceutical distribution and trade services.
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