Thomson Medical taps into Vietnam's healthcare market
The Singapore-listed Thomson Medical Group Limited (TMG), has agreed to acquire Vietnam’s FV Hospital for up to 381.4 million USD, marking the country’s biggest healthcare transaction to date and Southeast Asia’s largest healthcare acquisition since 2020.
The FV Hospital in HCM City. (Photo courtesy of Thomson Medical Group)
Hanoi (VNS/VNA) - The Singapore-listed Thomson Medical Group Limited(TMG), has agreed to acquire Vietnam’s FV Hospital for up to 381.4 million USD,marking the country’s biggest healthcare transaction to date and SoutheastAsia’s largest healthcare acquisition since 2020.
The deal highlights the growing significance of Vietnam’s burgeoning healthcaremarket and TMG’s continued commitment to expanding its footprint in the region,TMG said in a statement.
As TMG’s largest strategic acquisition, FV Hospital unlocks the sizeableVietnamese opportunity for the group, paving the way for further inroads intoone of Southeast Asia’s fastest-growing healthcare markets, the company said.
Under the terms of sales and purchase agreement, TMG will acquire 100% of FarEast Medical Vietnam Limited which operates a range of healthcare facilities inthe country, including the multi-disciplinary FV Hospital and a network ofprimary and specialist clinics.
“The acquisition of FV Hospital deepens our commitment to the Southeast Asianhealthcare sector, expanding our group’s presence across three of the region’smost important geographies in healthcare," Kiat Lim, TMG’s ExecutiveVice-Chairman said.
"FV Hospital provides a strategic foothold for us in Vietnam and a gatewayto grow and focus on future investments in this fast-growing market,” Lim whofirst initiated discussions with FV Hospital some six months ago said.
FV was founded by Dr Jean-Marcel Guillon in 2003 with a group of Frenchphysicians who shared the vision of bringing world-class healthcare to Vietnam.Located in HCM City's District 7, FV Hospital has evolved into a provider ofquality healthcare for patients locally and from Cambodia.
“With the support of Thomson Medical moving forward, I am incredibly excitedfor the next phase of FV’s growth journey. Together, we will continue to charta path of continued success and shape the future of healthcare in Vietnam,”said Dr Jean-Marcel Guillon, Founder and CEO at FV Hospital./.
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The FV Hospital in HCM City. (Photo courtesy of Thomson Medical Group) 
