Gulf Capital Acquires 70 Percent Stake in Medica
Posted On: 27 May 2019 | Source(s): Gulf Capital
Middle East- and Africa-focused alternative investment firm Gulf Capital has acquired a 70 percent stake in Medica Holding, a United Arab Emirates-based provider of aesthetic, cosmetic, and dermatological equipment and products. The company’s services include consulting, education, logistics, and marketing across four verticals: equipment, medical injectables, cosmeceuticals, and para-pharmaceuticals. Medica will partner with Gulf Capital to expand into new geographies and utilize new technologies. Financial details of the transaction were not disclosed.