In October 2009, Quadrant investee, IVF Holdings acquired QFG, the leading Queensland based fertility care business. QFG 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 33% market share and is the largest IVF group nationally.
IVF Holdings is achieving integration benefits from the QFG acquisition with significant savings from sourcing in particular. IVF Holdings will continue to expand organically as well as through selective opportunities. Please refer to www.ivf.com.au, www.mivf.com.au and www.qfg.com.au for further information.
Writen by Global Administrator, 14/03/2016 News