SeaTown Holdings International is investing up to SGD115 million in Singapore-based AddVita, aiming to build one of Asia’s leading healthcare and life sciences distribution networks through a targeted buy-and-build strategy.
The capital injection, made through SeaTown Private Capital Master Fund, will provide AddVita with the firepower to acquire and scale niche distribution businesses across the region, particularly in the medical, laboratory, and pharmaceutical segments.
The move reflects growing investor interest in Asia’s resilient healthcare sector, which continues to experience strong structural growth tailwinds.
Operating under a decentralized management model, AddVita positions itself as a long-term home for small and medium-sized enterprises (SMEs) in the healthcare distribution space.
The firm’s strategy is anchored on building a high-quality network of empowered SMEs, leveraging innovation and collaboration to enhance healthcare access and delivery across Asia.
“We are excited to support AddVita in its mission to empower small and medium-sized businesses,” said Dickson Loo, Managing Director of Private Equity at SeaTown. “With strong cash flows, robust sector fundamentals, and a capable leadership team, we believe AddVita is well-positioned to unlock long-term value and emerge as a regional leader.”
AddVita will use the funding to expand its footprint through acquisitions and partnerships, targeting firms with proven track records in specialized healthcare distribution.
The company aims to consolidate these businesses into a unified, scalable platform that improves distribution efficiency and healthcare outcomes across underserved markets in Asia.
The investment aligns with SeaTown’s private equity strategy, which emphasizes scalable growth via platform roll-ups and long-term value creation.
SeaTown, a subsidiary of Temasek-owned Seviora Holdings, has deployed over US$400 million in buy-and-build opportunities across Asia over the past decade.
AddVita’s expansion comes at a time when demand for high-quality healthcare logistics and last-mile delivery is surging, driven by demographic shifts, increased health awareness, and a growing middle class across the region.
With SeaTown’s backing, AddVita is expected to accelerate its acquisitions and emerge as a key consolidator in Asia’s fragmented healthcare distribution landscape.
Business News Asia