Vantage Capital to invest €30m in Promamec.

Vantage Capital, a private equity firm, agreed to invest €30m in Promamec, a medical device manufacturer. "We are very pleased to announce the signing of this new deal in Morocco. The Kingdom is in the process of achieving a major milestone, namely, the generalization of the health insurance system. We have no doubt about Promamec’s ability to play a key role in further improving the quality of Morocco’s healthcare system," Luc Albinski, Vantage Capital Chairman.