Substrate AI S.A. acquired 70% stake in Fourth Dimension Medical Company -Egypt for 1.4 million.
Substrate AI S.A. (BME:SAI) acquired 70% stake in Fourth Dimension Medical Company -Egypt for 1.4 million on May 19, 2022. The consideration has been paid equally in two parts. One of them has been paid with cash, and the other through a loan from Banco Santander worth 0.7 million. Kiko Ramos, founder and CEO of 4D and who has spent his entire career in this sector, will continue to lead the company.
Substrate AI S.A. (BME:SAI) completed the acquisition of Fourth Dimension Medical Company -Egypt on May 19, 2022.