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ADIA invests USD 200 million in Meril for a 3% stake to strengthen its global backing.

Jul 20, 202511 months ago

Contract Type

investment

VapiManufacturingMedical Device

Description

A wholly owned subsidiary of the Abu Dhabi Investment Authority has entered into agreements to invest USD 200 million in Meril, one of India’s leading medical devices companies. This investment values Meril at USD 6.6 billion and is subject to regulatory approval by the Competition Commission of India.

Company Information

Company

Micro Life Sciences Private Limited

Location

Vapi, Gujarat, India

About

Founded by the Bilakhia Group, Meril is a global innovator in medical technology (MedTech), focusing on clinically advanced solutions across multiple specialties. The company operates state-of-the-art, vertically integrated manufacturing and RCD facilities and employs more than 13,000 people. Meril is committed to becoming the world’s leading MedTech company, powered 100% by green energy.

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