Egypt Education Platform explores growth opportunities through acquisitions in 2022 - News Summed Up

Egypt Education Platform explores growth opportunities through acquisitions in 2022


Egypt Education Platform (EEP), owned by EFG Hermes, aims to close at least two investment rounds in 2022. Sources told Daily news Egypt that the platform explores potential growth opportunities in the market through future acquisitions or development of new schools. They added the EEP has a diversified portfolio of education assets comprising 10 schools spreading across Cairo and Alexandra, with a combined capacity approaching c.20k students. They added that the Rx Healthcare platform, also owned by EFG Hermes, has progressed on a number of promising acquisition opportunities in the B2B & B2C pharma segments. It is currently at advanced stages of negotiation and execution, with potential aggregate deal values exceeding EGP 1bn, supporting EFG Hermes’s healthcare platform strategy of expanding its investments in the pharmaceuticals sector.


Source: Daily News Egypt June 09, 2022 20:56 UTC



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