M&A Deal Summary

The Abraaj Group Acquires Viva Pharmaceutical

On March 1, 2011, asset manager The Abraaj Group acquired medical products company Viva Pharmaceutical

Acquisition Highlights
  • This is The Abraaj Group’s 1st transaction in the Medical Products sector.
  • This is The Abraaj Group’s 1st transaction in Canada.

M&A Deal Summary

Date 2011-03-01
Target Viva Pharmaceutical
Sector Medical Products
Buyer(s) The Abraaj Group
Deal Type Buyout (LBO, MBO, MBI)

Target

Viva Pharmaceutical

BC, Canada
Vivapharm (Viva) is a medium-sized, family-run manufacturer of pharmaceuticals and natural products based out of Vancouver, Canada. Viva currently exports to Asia and the Middle East and is investing in another facility in Brunei to take advantage of the proximity of the markets it is targeting.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

The Abraaj Group

Dubai, United Arab Emirates

Category Asset Manager
Founded 2002
PE ASSETS 7.4B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Abraaj Capital Limited is a private equity firm that seeks investments in the Middle East, North Africa, and South Asia. Abraaj looks for stable, mature businesses and uses a 'buy and build' strategy for growth. Areas of interest include aerospace, healthcare, transportation, financial services, leisure, education, energy, and manufacturing. In addition to its buyout and growth capital investments, Abraaj also invests in real estate and infrastructure. Abraaj Capital was formed in 2002 and is based in Dubai.


DEAL STATS #
Overall 104 of 182
Sector: Medical Products M&A 1 of 4
Type: Buyout (LBO, MBO, MBI) M&A Deals 95 of 144
Country: Canada M&A 1 of 1
Year: 2011 M&A 3 of 20
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-03-01 C&J Medicare

Accra, Ghana

C&J Medicare (C&J) is a leading private provider of healthcare services to individual and corporate clients in Ghana. Its medical facilities include three walk-in clinics for the general public as well as onsite clinics for companies such as the Coca-Cola Bottling Company, Pioneer Food Cannery and Cargill Ghana. In addition to its medical complex, C&J operates a pharmaceutical distribution business and a managed healthcare unit. The Abraaj Group’s investment has enabled C&J to establish a cutting-edge medical imaging and diagnostics center that provides first-class services to a broad section of the Ghanaian population.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-04-01 Unimed

Sousse, Tunisia

Unimed is a leading player in sterile form products. It has more than 60 drug registrations covering mainly liquid injectables, powder injectables and eye drops. The company largely addresses the needs of domestic hospitals and private markets and carries out contract manufacturing for large international pharmaceutical companies such as Pfizer, Mylan and Théa.

Buy -