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Avacare Health Australia, a subsidiary of the South African Avacare Group, has acquired Sydney-based Vitramed Pty Ltd, a distributor of gastrointestinal medical devices. The acquisition aims to leverage Vitramed's distribution networks in eastern Australia.
“This purchase is one of many Avacare plans in Australia, as the South African-based multinational – Avacare Group – continues to expand in Australia and South East Asia as part of its global corporate strategy.”vitramed.com.au
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