Iwosan Expands Services With Acquisition Of Euracare Multi-Specialist Hospital

Iwosan Investments Limited has strengthened its position as a leading force in Nigeria’s healthcare sector with the acquisition of Euracare Multi-Specialist Hospital in Victoria Island, Lagos.

This strategic move underscored Iwosan’s commitment to delivering world-class healthcare solutions and expanding access to top-tier medical services across Nigeria.

With this acquisition, Iwosan integrated Euracare’s advanced medical expertise into its growing healthcare network, fostering collaboration, innovation, and enhanced patient care. The merger positions Iwosan as a powerhouse in Nigeria’s private healthcare landscape, reinforcing its ability to provide cutting-edge treatments and comprehensive healthcare solutions.

Co-founder and CEO of Iwosan Investments Limited, Mrs. Fola Laoye, in a press statement, said, “This acquisition is a testament to our unwavering commitment to transforming healthcare in Nigeria. By joining forces with Euracare, we are not only expanding our footprint but also elevating the standard of care available to Nigerians. Our shared vision ensures that patients benefit from superior medical expertise, state-of-the-art facilities, and an integrated approach to healthcare delivery.”

Euracare, known for its excellence in over 20 diagnostic and interventional specialties, has built a strong reputation for high-quality healthcare services since its inception in 2016. The transition to Iwosan’s ownership marks the beginning of an era of accelerated growth, leveraging Iwosan’s robust infrastructure, governance, and operational support.

CEO of CFAO Healthcare, (Euracare’s founding company), Jean-Marc Leccia, expressed confidence in the transition, stating, “Iwosan Group is the ideal long-term partner to drive Euracare’s continued success and development.”

Medical director and interim CEO of Euracare, Dr. Tosin Majekodunmi, echoed this sentiment, emphasising that the integration with Iwosan will strengthen Euracare’s ability to provide world-class medical care and solidify its status as a center of excellence in Nigeria.

Since its establishment in 2019, Iwosan has been a trailblazer in healthcare investment, notably acquiring Lagoon Hospitals in 2021. This latest acquisition signals Iwosan’s ongoing mission to revolutionize healthcare access, enhance medical expertise, and ensure that Nigerians receive the highest standard of care.