PE-VC Fund Investments
ADIA invests $200 million in medical devices focused Meril Life
Abu Dhabi Investment Authority (ADIA) is to invest USD 200 million for a 3 per cent stake in medical devices firm Meril Life Sciences , valuing it at USD 6.6 billion.Based in Vapi, Meril operates certified manufacturing and RCD facilities across a 100-acre MedTech campus.
Feb 2022, Meril entered into a deal to raise USD 210 million from Warburg Pincus in return for a significant minority stake.
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