The acquisition, made in partnership with investment firm ImpiloVest, includes brands such as AntaGolin, RyChol, NeuroVance, and SkinVance, among others
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The agreement allows MHIL to organise debt repayment for JHL’s financial creditors and acquire approximately 64 per cent of the company
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The revenue increased from Rs 4,607 million in Q1 FY24 to Rs 5,256 million in Q1 FY25
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By integrating Polo Labs’ existing network with Thyrocare's advanced diagnostic infrastructure, the company aims to deliver improved service delivery, faster turnaround times, and unmatched patient convenience
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The acquisition aligns with QMS MAS's strategic priorities to expand its total addressable market in the value-added patient services verticals of the healthcare industry
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With this acquisition, CK Birla Healthcare is set to elevate its nationwide presence with a total of 37 outlets across India
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