What we do: SA Biomedical which is a distributor of orthopaedic, spinal, surgical and vascular medical equipment. SA Biomedical has a national footprint in South Africa with branches in Cape Town (head office), Johannesburg, Bloemfontein, Port Elizabeth and Durban. The company has a longstanding track record of over 30 years in the medical equipment sector.
Ownership & Management: SA Biomedical is owner managed and Agile Capital bought 26% of the group in private equity interest. The company has great focus on capital efficiency and operational discipline. SA Biomedical hires exceptional people with outstanding capabilities and great potential. Through operational synergies with Agile Capital, the operating companies are growing rapidly.
Key financial indicators: SA Biomedical is one of the largest medical equipment companies in South Africa. The company has branches in each major centre and a vast distribution network to support customers. The medical devices market in South Africa is one of the largest across the African continent, valued at approximately US$1billion in 2015 and it has further growth potential. Even though the anticipated rollout of the National Health Insurance Scheme (NHI) in South Africa is still in discussion phase, the medical device market is projected to expand by an 8.6% compound annual growth rate over the next 5 years. Audited financials are not available to the public.
Track record: SA Biomedical has a strong track record in South Africa as a distributor of orthopaedic, spinal, surgical and vascular equipment. SA Biomedical has a national footprint in South Africa with branches in Cape Town (head office), Bloemfontein, Port Elizabeth, Johannesburg and Durban. The company attracted private equity investment where Agile Capital bought a 26% stake in the company.
Contact details: Tel: +27 21 697 9600 Email: RFranken@sabiomedical.co.za Address: 20 & 22 Golf Course Road Sybrand Park, Rondebosch, Cape Town, South Africa Website: http://sabiomedical.co.za
Or contact us for free additional information at info@peafrinsights.co.za