Lenmed Health Pty Ltd has acquired the Mediclinic Kathu Pvt Hospital from Mediclinic Southern Africa for US$2 million.
Lenmed Health is an established black-owned hospital group in South Africa, operating multi-specialty hospital facilities in South Africa, Mozambique and Botswana and managing in excess of 1,300 beds.
The Mediclinic Kathu private hospital is situated in the iron ore capital of the Northern Cape between Upington and Vryburg.
Mediclinic Southern Africa is a private hospital group operating in South Africa and Namibia, focused on providing acute care, specialist-orientated, multi-disciplinary hospital services and related service offerings. The group currently operates 49 private hospitals in South Africa and 3 in Namibia, with more than 7,000 beds in total. Mediclinic Southern Africa is a wholly owned subsidiary of the South Africa-based international private healthcare group Mediclinic International, founded in 1983 and listed on the JSE since 1986.
Oaklins' team in South Africa advised the buyer in this transaction.
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