Michelmores has advised Global Medical Investments GMI AB on the deal.
Global Medical Investments GMI AB sold Sweden Ghana Medical Centre (SGMC), a provider of premium private cancer care treatment in Ghana.
GMI, which was founded in 2009 with the purpose of establishing and operating cancer care centres in developing counties, is an investment and project development company set up by Elekta and Swedfund. Elekta is a leading innovator of equipment and software used to improve, prolong and save the lives of people with cancer and brain disorders, and Swedfund is the Swedish Government’s development finance institution for sustainable investments in developing countries.
The acquirer was Ghana National Association of Teachers (GNAT), the largest teaching union in Ghana.
The Michelmores team consisted of Joe Whitfield (Picture – Partner), Harry Trick (Senior Associate) and James Whistler (Associate).
Axcero Advisors provided corporate finance advice to GMI. GNAT was advised by Reindorf Chambers (part of the DLA Piper Africa Group) and KPMG International.
Law Firms: Michelmores LLP;
Clients: Global Medical Investments GMI AB;