FV Hospital joins Thomson Medical Group, one of the largest healthcare M&A in SEA

The Group has purchased the hospital for over a whopping $381.4m.

FV Hospital has become part of the Thomson Medical Group for over $381.4m (9,000b VND) in the biggest healthcare acquisition in Vietnam and the largest in Southeast Asia since 2020.

The successful M&A agreement has placed Thomson Medical Group in a strategic position in the Vietnamese market, paving the way for the growth of FV Hospital following the success led by founder Dr. Jean-Marcel Guillon.

The acquisition has transformed the group as one of the major healthcare providers in Southeast Asia. Currently, it has covered the markets in Singapore, Malaysia and Vietnam – three vital territories for healthcare in Southeast Asia.

Thomson Medical Group has made a strategic bid after a competitive bidding process, standing out from other private equity firms with its long-term investment window and strong focus on community impact.

ALSO READ: SingHealth appoints new Group CEO

“This acquisition is not just about the combination of two entities; it is about the fusion of expertise, the amalgamation of talent, and the collaboration of two healthcare giants coming together for a shared purpose,” Dr. Melvin Heng, CEO of Thomson Medical Group, stated.

FV Hospital has become an important figure in the Vietnamese healthcare sector with a strong 20-year track record, managing over 1,500 employees and 236 skilled doctors across 36 specialties. It has accommodated over 250,000 patients annually, with 25% being foreign. With joining the Thomson Medical Group, the hospital has led the pack for medical excellence in Vietnam and the region.