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Apax Partners announces sale of Mlnlycke Health Care to investor AB.
0 Comments | M2 Presswire, January, 2007
M2 PRESSWIRE-26 January 2007-APAX PARTNERS: Apax Partners announces sale of Mlnlycke Health Care to investor AB(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:26012007 London, UK - Funds advised by Apax Partners (Apax), one of the world's leading private equity firms, announce the sale of Mlnlycke Health Care Group (MHCG) to Investor AB and Morgan Stanley Principal Investments (MSPI) for EUR2.85 bn.
Apax Partners used its expertise in the healthcare sector to identify a buy-and-build opportunity and create a European leader in the global medical products space. Ian Jones, partner and head of the healthcare team at Apax, said: "This has been a very successful deal for all involved and exemplifies the Apax Partners strategy. Our knowledge of the healthcare...
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