Thomson Medical Group to acquire Far East Medical Vietnam from Quadria Capital for $381m.

Thomson Medical Group, a SGX Mainboard-listed healthcare group, agreed to acquire Far East Medical Vietnam, which operates a range of healthcare facilities in Vietnam, including the multi-disciplinary tertiary FV Hospital and a network of primary and specialist clinics, from Quadria Capital, a private equity firm, for $381m. “The acquisition of FV Hospital deepens our commitment to the Southeast Asian healthcare sector, expanding our Group’s presence across three of the region’s most important geographies in healthcare. FV Hospital provides a strategic foothold for us in Vietnam and a gateway to grow and focus on future investments in this fast-growing market,” Kiat Lim, TMG Executive Vice-Chairman.