EIMC is one of Egypt's leading pharmaceutical distributors that focus on oncology, intensive care products and blood derivatives and EUP is a pioneer in manufacturing a wide range of oncology and intensive care products.
EIMC is well positioned in the Egyptian pharmaceutical distribution market with a track record of growth, strong relationships within and outside Egypt and a large distribution network.
NorAH's involvement and commitment to EIMC & EUP will provide us with the resources we need to develop and expand our businesses," stated Dr Awad Gabr, EUP spokesperson.
has been managing mutual funds and private accounts since 1932 and managed over $175 billion in assets in various Evergreen funds as of Dec.
Companies in the EIMC
work will be integrated with the wider Danish and European innovation support eco-system.
The project targets at the delivery of in total twenty 7-days service packages, five KAM and 15 EIMC
services, in thegeographical area of the Free State Saxony (Germany).
Summary: Company acquires majority holding in Egyptian International Medical Center & EIMC United Pharmaceuticals.
Kuwait based Investment Company, North Africa Holding Company (NorAH), announced today it has acquired a Majority stake in Egyptian International Medical Center (EIMC) and its affiliate, EIMC United Pharmaceuticals (EUP).
Mohamed El Sayed Ahmed -- EIMC spokesman stated that the Company's board members and shareholders are pleased with this strategic partnership He also added that NorAH has been selected among a number of other potential partners for its strong financial capabilities, its clear expansion strategy and for sharing the same vision as EIMC Management.
The partnership will help EIMC expand its market share and lead the pharmaceutical distribution sector in Egypt.