{"id":635026,"date":"2018-01-31T04:19:56","date_gmt":"2018-01-31T04:19:56","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/31\/spains-mediterrania-capital-partners-acquires-40-of-cairo-scan-in-egp-103-mn-agreement\/"},"modified":"2018-01-31T04:19:56","modified_gmt":"2018-01-31T04:19:56","slug":"spains-mediterrania-capital-partners-acquires-40-of-cairo-scan-in-egp-103-mn-agreement","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/31\/spains-mediterrania-capital-partners-acquires-40-of-cairo-scan-in-egp-103-mn-agreement\/","title":{"rendered":"Spain\u2019s Mediterrania Capital Partners acquires 40% of Cairo Scan in EGP 103 mn agreement"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>M&A WATCH- The nation\u2019s healthcare sector continues to be the most interesting center of gravity for M&A. <\/strong>The latest news sees Spain\u2019s Mediterrania Capital acquiring a 40% stake in Cairo Scan for a reported EGP 103 mn. Mediterrania disclosed the investment, its first in Egypt <a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2018\/01\/Excerpts-Press-Release-Mediterranea-Cairo-Scan-30Jan2018.pdf\">in a statement (pdf) yesterday<\/a> that stopped short of putting a value on the transaction, noting that it acquired the 750-person company through its MENA-focused fund MC III. <a href=\"http:\/\/www.almalnews.com\/Story\/362860\/11\/%D9%85%D9%8A%D8%AF%D8%AA%D9%8A%D8%B1%D8%A7%D9%86%D9%8A%D8%A7-%D8%A8%D8%A7%D8%B1%D8%AA%D9%86%D8%B1%D8%B2-%D9%8A%D8%B3%D8%AA%D8%AD%D9%88%D8%B0-%D8%B9%D9%84%D9%89-40%D8%A8%D8%A7%D9%84%D9%85%D8%A6%D8%A9-%D9%85%D9%86-%D9%83%D8%A7%D9%8A%D8%B1%D9%88-%D8%B3%D9%83%D8%A7%D9%86\">Al Mal<\/a> cites unnamed sources for the c. 40% figure, saying sellers included chairman and managing director Mohamed Abdel Wahab and shareholder Ashraf Selim. \u201cMediterrania Capital Partners investment is aimed at supporting the group\u2019s development plans, including the expansion of Cairo Scan\u2019s branch network and the construction of a state-of-the-art flagship branch that will provide improved access to a significant portion of the population in Egypt,\u201d the company said in a statement. <strong>EY <\/strong>provided financial due diligence to Medietrrania, while <strong>Zaki Hashem & Partners<\/strong> were legal counsel on the buyside.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>M&#038;A WATCH- The nation\u2019s healthcare sector continues to be the most interesting center of gravity for M&#038;A. The latest news sees Spain\u2019s Mediterrania Capital acquiring a 40% stake in Cairo Scan for a reported EGP 103 mn. Mediterrania disclosed the investment, its first in Egypt in a statement (pdf) yesterday that stopped short of putting [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-635026","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"486ad7cb-e985-4a14-84aa-1b6f37214f5f","order":"0","is_powered_by":true,"section_story_id":"026c060f-5c62-4278-9bd8-3472fbb0649f","story_type":"1","photo_url":"","photo_position":"above","related_issue":[635018],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Spain\u2019s Mediterrania Capital Partners acquires 40% of Cairo Scan in EGP 103 mn agreement - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/31\/spains-mediterrania-capital-partners-acquires-40-of-cairo-scan-in-egp-103-mn-agreement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Spain\u2019s Mediterrania Capital Partners acquires 40% of Cairo Scan in EGP 103 mn agreement\" \/>\n<meta property=\"og:description\" content=\"M&amp;A WATCH- The nation\u2019s healthcare sector continues to be the most interesting center of gravity for M&amp;A. The latest news sees Spain\u2019s Mediterrania Capital acquiring a 40% stake in Cairo Scan for a reported EGP 103 mn. Mediterrania disclosed the investment, its first in Egypt in a statement (pdf) yesterday that stopped short of putting [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/31\/spains-mediterrania-capital-partners-acquires-40-of-cairo-scan-in-egp-103-mn-agreement\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-31T04:19:56+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/31\/spains-mediterrania-capital-partners-acquires-40-of-cairo-scan-in-egp-103-mn-agreement\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/31\/spains-mediterrania-capital-partners-acquires-40-of-cairo-scan-in-egp-103-mn-agreement\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Spain\u2019s Mediterrania Capital Partners acquires 40% of Cairo Scan in EGP 103 mn agreement\",\"datePublished\":\"2018-01-31T04:19:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/31\/spains-mediterrania-capital-partners-acquires-40-of-cairo-scan-in-egp-103-mn-agreement\/\"},\"wordCount\":178,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/31\/spains-mediterrania-capital-partners-acquires-40-of-cairo-scan-in-egp-103-mn-agreement\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/31\/spains-mediterrania-capital-partners-acquires-40-of-cairo-scan-in-egp-103-mn-agreement\/\",\"name\":\"Spain\u2019s Mediterrania Capital Partners acquires 40% of Cairo Scan in EGP 103 mn agreement - 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Mediterrania plans to create a 45-branch regional diagnostics firm to be\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":550170,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/17\/ebrd-eib-could-commit-eur-35-mn-to-mediterrania-capitals-new-regional-fund\/","url_meta":{"origin":635026,"position":2},"title":"EBRD, EIB could commit EUR 35 mn to Mediterrania Capital\u2019s new regional fund","author":"enterpriseam admin","date":"17 October 2022","format":false,"excerpt":"The European Bank for Reconstruction and Development (EBRD) could commit EUR 20 mn to Malta-based impact investor Mediterrania Capital Partners\u2019 fourth fund, which will invest in mid-cap companies in Egypt, Morocco and Tunisia, according to EBRD\u2019s website. 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