Medical devices company, Healthium Medtech Ltd. (formerly Sutures India) is in the process of selling stake from its UK-based subsidiary, Clinisupplies to private equity major KKR. Financial details of the transaction were not disclosed.
KKR will invest in Clinisupplies through its $4 billion Health Care Strategic Growth Fund II.
AZB & Partners advised KKR. The AZB & Partners team comprised of Darshika Kothari and Kunal Kumbhat, and Senior Associate Hitesh Agarwal.
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