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Ascendis Health

Investment Details

Investor Type
Other

Asset Class Focus

Stage Focus

Geographical Focus
South Africa

Industries Focus

  • Healthcare
  • Medical Devices
  • Consumer Health

Investor Details Founded: 2008

Ascendis Health is a health and wellness investment holding company that markets and distributes a portfolio of leading brands, products, and medical devices. Established in 2008 and listed on the General Segment of the Johannesburg Stock Exchange in 2013, the Group has complemented its organic growth strategy by acquiring a diverse range of healthcare businesses, strong brands, and agencies. The Company operates in two segments: Consumer Health and Medical Devices, through seven operating companies.

In the Consumer Health segment, Ascendis Health comprises three independently run consumer-focused businesses: Ascendis Consumer Brands, Chempure, and The Compounding Pharmacy of South Africa. These businesses offer health and wellness branded products, specialty ingredients, and compounded medicines and supplements, respectively. In the Medical Devices segment, the company operates four businesses—The Scientific Group, Surgical Innovations, Ortho-Xact, and Cardaxes—that supply surgical, diagnostic, and medical equipment, enhancing patient outcomes through long-standing relationships and exclusive distribution agreements with major multinational original equipment manufacturers.

Ascendis Health is well-positioned to capitalize on market trends supporting long-term growth in the health and wellness sector. The company's focus remains on optimizing its portfolio and building on the solid foundation laid by the Ascendis team over many years.

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