Iwosan Acquires Paelon Memorial Hospital to Expand Healthcare Access!

Iwosan Acquires Paelon Memorial Hospital to Expand Healthcare Access!

Reported by Marian Opeyemi Fasesan | Sele Media Africa

Iwosan Investments Limited has announced the acquisition of Paelon Memorial Hospital, a renowned multi-specialist healthcare facility in Lagos. The strategic move is part of Iwosan’s broader goal to transform Nigeria’s healthcare sector through targeted investments and increased access to quality care.

“This acquisition is a critical step toward expanding patient access to world-class medical services in Nigeria,” said Iwosan Group CEO, Adedayo Omolokun.

Key Details:

• Paelon Memorial Hospital, founded in 2010, is known for its expertise in internal medicine, paediatrics, critical care, and wellness.
• The hospital is one of Nigeria’s first to receive COHSASA accreditation, reflecting international standards in hospital care.
• Iwosan plans to upgrade infrastructure, introduce digital innovations, and integrate Paelon into its growing network of healthcare assets.

Why It Matters:

• The acquisition reflects growing private-sector interest in closing Nigeria’s healthcare delivery gaps.
• It supports a larger trend of investment-led expansion in tertiary care to meet rising demand and medical tourism needs.
• – The move could influence how healthcare financing and partnerships are structured in urban areas.

What to Watch:

• Integration process and new services introduced under Iwosan’s management.
• Whether Iwosan targets similar acquisitions across other Nigerian states.
• Patient outcomes and satisfaction post-acquisition.

Citations:

1. BusinessDay: businessday.ng/health/article/iwosan-acquires-paelon-hospital
2. Nairametrics: nairametrics.com/2025/11/iwosan-investments-acquires-paelon-memorial-hospital
3. The Guardian Nigeria: guardian.ng/business/iwosan-expands-health-network-with-paelon-acquisition

About The Author

Marian Opeyemi Fasesan

editor

Marian Opeyemi Fasesan is a dynamic journalist and editorial leader committed to excellence in news reporting and storytelling. As the Editor-in-Chief of Sele Media Africa, she ensures daily operations run smoothly while upholding the highest editorial standards. With a strong eye for detail and deep understanding of audience engagement, Marian coordinates content across platforms, guiding teams to produce compelling, timely, and credible news. Her leadership reflects the heart of Sele Media Africa’s mission—to inform, inspire, and elevate voices across the continent.

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