Virtus ups stake in Irish IVF firm

Virtus now controls 85 per cent of the company

Australian medical company Virtus has upped its stake in Sims, the largest private Irish IVF treatment provider.

Virtus now controls 85 per cent of the company after upping its shareholding last week from 70 per cent at a cost of €4.8 million. It first invested in Sims three years ago, acquiring the initial stake for almost €15.5 million.

Clonskeagh-based Sims, which has a number of clinics across the country, was valued at €22 ...