This acquisition is in line with the expansion strategy of Ciel Group, which has been operating for many years in the Malagasy financial and textile industries. The acquisition of CTB will enable C-Care to expand its activities in Madagascar and further develop the healthcare industry locally.
About C-Care
Founded in 2008, C-Care is a leading provider of medical care in Mauritius and the Indian Ocean. The Group owns and operates four health facilities in Mauritius, two hospitals in Uganda, a medical laboratory and two pharmacies
About CTB
Founded in 2010, CTB is a leading biomedical group in Madagascar. With three laboratories and a blood test centre, CTB has played a key role in improving access to biomedical care for the Malagasy population.
