Medu II

Medu II has been formed to make privately negotiated equity and equity-related investments.

Medu II had its final closing in May 2008. The fund has capital commitments of  R900 million.

Medipost & Kawari

Date of investment: April 2009

Medu II 40%
Management 13%
Other 47%
Date of investment realisation October 2014

Business description

  • Medipost is South Africa’s largest courier pharmacy.
  • Kawari is a pharmaceutical wholesaler which supplies medicines to retail and courier pharmacies.
  • Medu Capital exited the investment in 2014