GIC Becomes Minority Investor in Cimed
Cimed announces today that it has concluded negotiations for the entry of GIC, Singapore's sovereign wealth fund, as a minority shareholder of the company.
The partnership strengthens Cimed's leadership and accelerates its mission to provide health and well-being to all Brazilians.
The entry of GIC is part of the Company's growth strategy called "Cimed's New Era" whose objective is to triple the company's revenue over the next five years through innovation, technology, new business opportunities, and inorganic moves.
“We are proud to have a strategic partner with global connections like GIC by our side to accelerate our growth journey,” says João Adibe Marques, CEO of Cimed.
“This move is a milestone in our 48-year history, a result of Cimed's reputation and growth potential,” João Adibe concludes.
Cimed was advised in this process by J.P. Morgan and Spinelli Advogados.
Cimed reinforces its confidence and commitment to Brazil.
First, please LoginComment After ~