In November 2008, Quadrant investee, IVF Australia acquired Melbourne IVF, a leading Victorian based fertility care business, doubling the size of the group. Melbourne IVF presented a synergistic acquisition opportunity with a group of like minded doctors that provided the Group with geographic diversification, critical mass and strong organic growth potential. The doctors and management reinvested in the combined IVF Holdings group. The combined group has approximately 30% market share and is the largest IVF group nationally.
IVF Holdings continues to realise integration benefits from the acquisition and expand organically as well as through selective opportunities. Please refer to www.ivfa.com.auand www.mivf.com.au for further information.
Writen by Global Administrator, 14/03/2016 News