Leading pan-India pathology specialist Metropolis Healthcare Ltd. has signed a binding agreement to acquire Ahmedabad-based Shraddha Diagnostics Pvt Ltd. With this acquisition, Metropolis has expanded its lab footprint from 17 to 20 in 9 cities and towns including Ahmedabad, Surat, Baroda, Mehsana, Rajkot, Navsari, Jamnagar, Bharuch and Gandhidham. Ameera Shah, Promoter and Managing Director, Metropolis Healthcare Ltd said that through the acquisition, the company looks to gain profitable market share even as it aims to enhance operational capabilities and expand its testing menu.
Metropolis Healthcare signs binding agreement to buy Shraddha Diagnostics
Date posted: Friday 17 January 2020