Carlyle injects capital into Chinese lab operator

The private equity firm has invested in Adicon at a time when demand for private healthcare is growing in China.

Carlyle injects capital into Chinese lab operator

Carlyle has bought a controlling stake in Adicon, winning a competitive auction for the Chinese clinical laboratory operator.

The private equity firm invested alongside Meinian Onehealth Healthcare, it said in a statement on Monday. Carlyle acquired a 13.5% stake in Meinian Onehealth Healthcare in 2012.

Last month, Meinian subsidiary Haimei Ai Investment Management signalled its intentions to buy a 5% stake in Adicon for $22 million, valuing the entire company at $440...

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