• Thursday, April 25, 2024
businessday logo

BusinessDay

HealthPlus poised for new capital amid unrivalled growth opportunities

HealthPlus

Leading healthcare and consumer private equity firm – Alta Semper Capital, which controls the majority shareholding in HealthPlus Limited, has simultaneously announced its continued commitment to the company and desire to inject fresh capital to accelerate growth and utilise emerging opportunities in global healthcare.

Following the onset of the Covid-19 pandemic, HealthPlus’ strong brand, diverse product mix and wide footprint uniquely position the business to be on the forefront of supply chain innovation and strategic expansion.

To this effect, Chidi Okoro has joined the leading West African pharmaceutical chain HealthPlus Limited on secondment as incoming chief transformation officer (CTO). Okoro’s mission is to optimise the day-to-day management and elevate the business to novel scale and profitability. The founder of the company Bukky George continues to be a director and a shareholder.

Okoro said: “I would like to recognise HealthPlus’ role in spearheading the evolution of modern pharmacies across Nigeria and scaling retail capabilities in the industry overall. I am incredibly excited to now have the opportunity and the resources to take the platform to the next level, at a time of unrivalled opportunity for the sector. I look forward to working with all stakeholders to achieve even greater things in the future.”

Okoro is a licensed pharmacist and management executive with over 30 years of multinational and multi-sector experience, spanning leadership roles in pharmaceuticals, personal care, food, and telecommunications.

Founded in 1999, HealthPlus as Nigeria’s first integrated pharmacy platform and the largest and fastest-growing pharmacy chain in West Africa. It operates over 70 retail pharmacy and beauty care locations and is the largest private employer of pharmacists in Nigeria. Its extensive product portfolio includes Prescription-Only-Medicines, Over-the-Counter Medications, and personal care items, with a strong emphasis on local procurement and an active drive for community building.