Cobepa sells half of its stake in International SOS
On 31 March 2012, Cobepa sold half of its original shareholding in International SOS to the company's founders.
Since Cobepa's investment in December 2007, International SOS has been able to strengthen its position as the world's leading medical and security services provider, both organically and via several strategic acquisitions. Group revenues and profitability nearly doubled over this four-year period. The share disposal implied a significant capital gain for Cobepa, whilst retaining a significant equity stake.
As a truly global player with unique expertise and a top-rated customer portfolio, International SOS continues to invest in state-of-the-art infrastructure to further extend its ability to proactively manage the risks faced by its clients' globally deployed employees and assist them. In partnership with the founders and the management team with whom Cobepa has developed excellent relationships, we aim for further strong growth and development over the coming years.