Iwosan Expands Its Reach With Acquisition of Euracare Multi-Specialist Hospital
Iwosan Investments Limited has further solidified its position as a key player in Nigeria’s healthcare sector through the acquisition of Euracare Multi-Specialist Hospital, located in Victoria Island, Lagos.
This strategic acquisition highlights Iwosan’s dedication to providing world-class healthcare solutions and enhancing access to premium medical services across Nigeria.
By bringing Euracare’s expertise into its expanding network, Iwosan aims to foster greater collaboration, innovation, and improved patient care. The merger strengthens Iwosan’s role as a major force in the private healthcare sector, boosting its ability to offer cutting-edge treatments and comprehensive healthcare services.
Mrs. Fola Laoye, co-founder and CEO of Iwosan Investments Limited, expressed her enthusiasm for the deal in a statement: “This acquisition reflects our strong commitment to transforming Nigeria’s healthcare landscape. By joining forces with Euracare, we are expanding our presence and raising the standard of care available to Nigerians. Our shared vision ensures that patients benefit from superior medical expertise, state-of-the-art facilities, and a seamless approach to healthcare delivery.”
Euracare, which has been known for its excellence in over 20 diagnostic and interventional specialties, has earned a solid reputation for delivering high-quality healthcare since its founding in 2016. The transition to Iwosan’s ownership marks the start of a new phase of growth, supported by Iwosan’s extensive infrastructure, governance, and operational expertise.
Jean-Marc Leccia, CEO of CFAO Healthcare (Euracare’s founding company), expressed confidence in the transition, stating, “Iwosan Group is the perfect long-term partner to support Euracare’s continued growth and success.”
Dr. Tosin Majekodunmi, medical director and interim CEO of Euracare, shared similar sentiments, emphasizing that the integration with Iwosan will strengthen Euracare’s ability to deliver world-class medical services and reinforce its reputation as a leading center of excellence in Nigeria.
Since its founding in 2019, Iwosan has been a pioneer in healthcare investment, having acquired Lagoon Hospitals in 2021. This latest acquisition demonstrates Iwosan’s continued drive to revolutionize healthcare access, elevate medical expertise, and ensure that Nigerians have access to the highest standard of care.
