Olympus Capital invests USD40m in China's Tendcare
18-Sep-15, China Money Network
Asia-focused Olympus Capital Asia has invested US$40 million in Tendcare Medical Group to help the private Chinese hospital operator expand in the country.
%20China%20Money%20Network.jpg "Olympus Capital invests USD40m in Chinas Tendcare (c) China Money Network")
Image: China Money Network
Founded in 2009, Tendcare currently operates five hospitals with over 2,400 beds, four pharmacies, two medical equipment companies and 17 clinics across five cities in China.
The company is in the process of completing acquisition of several additional hospitals, according to media reports.