Announced

Completed

GIC completed the minority investment in Cimed.

Synopsis

GIC, Singapore's Sovereign Wealth Fund, completed the minority investment in Cimed, a pharmaceutical firm that provides vitamins and nutrition, beauty and hygiene, medicines, and dermo-cosmetic products. Financial terms were not disclosed. “We are proud to have a strategic partner with global connections like GIC by our side to accelerate our growth journey,” João Adibe Marques, Cimed CEO.

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