Dialysis and kidney care provider NephroPlus has acquired the Rs.50-crore Indian operations of the world’s second largest kidney care provider and US-listed Fortune500 firm DaVita for an undisclosed sum. The ‘first of many more acquisitions’ will extend NephroPlus’ network to 176 centres in 97 cities across 18 states in India, serving over 13,700 patients. The 8-year-old Indian firm, which reported around Rs.150 crore of revenue last fiscal, is looking for combined revenue of Rs.250 crore this fiscal.
NephroPlus buys India operations of DaVita; in talks to raise Rs.150 cr.
Date posted: Monday 12 November 2018