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Actis Capital owns a stake in Micro-tech
By Ding Yining |
January 9, 2013, Wednesday
|
Online Edition
Online Edition
PRIVATE equity firm Actis Capital said today it has become a minority stakeholder of Chinese medical facilities maker Micro-tech (Nanjing) Co Ltd.
Founded in 2000, Micro-tech is a manufacturer of minimally-invasive surgery products, such as endoscopy forceps and vitro stents.
Actis didn't reveal the amount of capital it invested in Micro-tech. The venture capital is also a stakeholder of China's budget hotel chain 7 Days Inn. Now, it is keen to tap China's fast-growing healthcare market.
Meng Ann Lim, partner and regional head for Actis China and Southeast Asia, said in a statement that the company believes in the huge potential of China's medical instruments market and is looking forward to working with Micro-tech.
Overseas investors are rushing to cooperate with China's private-owned pharmaceutical and medical apparatus manufacturers as demand for medical services is expected to boom in the coming years.
Founded in 2000, Micro-tech is a manufacturer of minimally-invasive surgery products, such as endoscopy forceps and vitro stents.
Actis didn't reveal the amount of capital it invested in Micro-tech. The venture capital is also a stakeholder of China's budget hotel chain 7 Days Inn. Now, it is keen to tap China's fast-growing healthcare market.
Meng Ann Lim, partner and regional head for Actis China and Southeast Asia, said in a statement that the company believes in the huge potential of China's medical instruments market and is looking forward to working with Micro-tech.
Overseas investors are rushing to cooperate with China's private-owned pharmaceutical and medical apparatus manufacturers as demand for medical services is expected to boom in the coming years.
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