Apax initiates sale of Healthium Medtech

The British private equity firm Apax Partners has initiated the sale process for Healthium Medtech, India's largest surgical sutures manufacturer. The proposed sale is expected to value the company at ₹6,500-₹7,000 crore ($850 million). Healthium, formerly known as Sutures India, is the fourth-largest surgical suture manufacturer globally and the second-largest in India.

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