Mediterrania Capital Partners-led consortium buys diagnostics network Metamed from Gulf Capital

31-05-2020; Enterprise

Ray Lab, which is owned by a consortium of investors led by Mediterrania Capital Partners, has acquired diagnostics imaging network MetaMed — which operates in Egypt, Saudi Arabia, and Jordan — from Gulf Capital.The statement does not disclose the value of the transaction. The consortium includes Cairo Scan, Germany’s DEG, Dutch development bank FMO, France’s Proparco, and the EBRD