Development Partners International (DPI) reposted this
Development Partners International (DPI) is pleased to announce its latest successful exit, with the sale of KELIX bio to Mubadala. The transaction is set to be one of the largest private equity exits and M&A deals in the pharmaceutical sector in Africa over the last twenty years. DPI, alongside co-investors British International Investment and EBRD, created KELIX bio in 2020. Since then, KELIX has grown to four manufacturing sites in Morocco, Egypt, India, and Malta with an export footprint that expands access to critical medicines in over 50 countries across Africa, Latin America, Southeast Asia and the Middle East. Global Development Finance Institutions Proparco, DEG, and FMO - Dutch entrepreneurial development bank also backed the platform, enabling KELIX to invest in new acquisitions, cross-market distribution channels and the development of new drugs. Read more about the exit and KELIX bio's growth to date here: https://lnkd.in/e3xWhdvd
Congrats Sofiane and team! Delighted to have been able to support the deal.
Congratulations Sofiane and to the whole DPI team.. great success story and more to come 👏
Impressive . Any interest in the energy generation sector in west Africa?
Congratulations Sofiane to you and all Development Partners International (DPI) team, great achievement … onwards and upwards again
Congratulations Runa and team
Congrats to the team
Congrats, all. 👏🏼
Congratulations for this superb achievement ! 👍😊
Congratulations
Semite | Experienced Business Leader | Seasoned Investment Advisor | M&A Professional
4moCongratulations Sofiane to you and all Development Partners International (DPI) team, great achievement and definitely worth celebrating. Keep the great work.