M&A Deal Summary

mPharma Acquires Haltons Pharmacy

On May 28, 2019, mPharma acquired life science company Haltons Pharmacy from Fanisi Capital

Acquisition Highlights
  • This is mPharma’s 1st transaction in the Life Science sector.
  • This is mPharma’s 1st transaction in Kenya.

M&A Deal Summary

Date 2019-05-28
Target Haltons Pharmacy
Sector Life Science
Buyer(s) mPharma
Sellers(s) Fanisi Capital
Deal Type Add-on Acquisition

Target

Haltons Pharmacy

Nairobi, Kenya
Haltons Pharmacy is a retail pharmacy chain dispensing prescription and non-prescription pharmaceutical products. Haltons was founded in 2013 and is based in Nairobi, Kenya.

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Buyer(S) 1

Buyer

mPharma

Lagos, Nigeria

Category Company
Founded 2013
Sector Life Science
DESCRIPTION

mPharma is a manufacturer and distributor of medicines and works to ensure compliance with all regulatory standards and have the capacity to provide safe, unexpired products. helped 400,000 patients make savings on high-quality medicines. mPharma was founded in 2013 and is based in Lagos, Nigeria.


DEAL STATS #
Overall 1 of 1
Sector (Life Science) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Kenya) 1 of 1
Year (2019) 1 of 1

Seller(S) 1

SELLER

Fanisi Capital


Category Growth Capital Firm
Founded 2009
PE ASSETS 50M USD
Size Small
Type Sector Agnostic
DESCRIPTION

Fanisi Capital makes direct investments in businesses with potential for substantial growth. The Firm targets companies in East Africa (Kenya, Tanzania, Rwanda, and Uganda) that are post revenue with profits or possess a clear path towards profits. Specific areas of interest include agribusiness, healthcare, retail, consumer, and education. Fanisi Capital was established in 2009 and is headquartered in Luxembourg.


DEAL STATS #
Overall 1 of 1
Sector (Life Science) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Kenya) 1 of 1
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-09 Kijenge Animal Products

Arusha, Tanzania

Kijenge Animal Products Ltd. is a diversified agro-processing company engaged in maize milling, animal feed production, and poultry (broiler) farming and processing. Kijenge Animal Products Ltd. was founded in 1971 and is based in Arusha, Tanzania.

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