Communication - Press

CFAO, a Proud Member of FSACCI, Acquires Opella Healthcare South Africa

The French South African Chamber of Commerce and Industry (FSACCI) member CFAO Healthcare is pleased to announce its strategic expansion into the South African pharmaceutical market by acquiring a prominent pharmaceutical manufacturer and distributor, Opella Healthcare South Africa.

This marks CFAO's first healthcare investment in the country, which is the second-largest market on the continent. The new entity will operate as CFAO Healthcare in South Africa.

CFAO Healthcare, a division of CFAO Group, continues its mission of enhancing healthcare globally by manufacturing, distributing, and providing pharmaceutical and medical products and related services. 

Now, with a presence in 28 countries, this acquisition further strengthens its position as the leading pan-African distributor of pharmaceutical products and sends a clear message about its seamless integration across every link in the value chain.

"CFAO Healthcare's entry into the South African market represents a significant milestone in the company's ongoing efforts to expand its footprint across the continent," states Jean-Marc Leccia, chief executive officer and chairman of CFAO Healthcare.

"This acquisition of South Africa's Opella Healthcare underscores CFAO Healthcare's dedication to investing in the sub-Saharan region's healthcare distribution network, positioning us as a market leader in distribution.”

Read more here: https://www.bizcommunity.com/article/breaking-cfao-acquires-opella-healthcare-south-africa-474499a