Falck Takes Full Control of Grupo EMI
Falck acquires the remaining 36.9% of the shares of Grupo EMI and takes full ownership of Colombia’s leading provider of pre-hospital medical care.
CEO of Falck Emergency, Jakob Bomholt, says:
“Grupo EMI has delivered double-digit, profitable revenue growth year-on-year for the last ten years. The company has a growing customer base of approx. 1.1 million subscribers in several countries in Latin America. It has its stronghold and significant traction in the increasing Colombian middle-class that appreciates Grupo EMI’s emergency medical care and doctors’ care home consultation offering.”
“Grupo EMI has an experienced management team and strong strategies in place to continue growing in its current core geographies and into new markets while at the same time optimising its business.”
Falck acquires the shares from Tribeca Homecare Fund that has been its long-term partner since 2007. The acquisition took effect on 19 October 2017.
About Grupo EMI
Grupo EMI is the leading provider of pre-hospital medical care with presence in Colombia, Ecuador, El Salvador, Panamá, Uruguay and Venezuela. Grupo EMI dates to 1979, in Uruguay, where emergency coronary heart care was offered.
In 2007, Grupo EMI was formed through a consolidation play of several pre-hospital medical care companies directed by the private equity fund, Tribeca. In 2011, Falck acquired 63.1% of the Grupo EMI. Today, Grupo EMI is the largest network in Latin America in its industry.