Medu Capital, a leading private equity fund, has acquired a 40% equity interest in Medipost Courier Pharmacy (“Medipost”) and a 40% interest in Kawari Wholesaler, as part of their entry into the pharmaceutical market. Medipost was established in 1991 as the first courier pharmacy in South Africa, with a focus on the distribution of chronic medication to patients nationally. Medipost currently processes an average of 140,000 prescriptions per month, making it the largest courier pharmacy in South Africa. Kawari was established in 2004 as a pharmaceutical wholesaler which supplies medicines to various retail and courier pharmacies nationally.
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