Park Medi World Limited has informed stock exchanges about a strategic acquisition aimed at strengthening its hospital network in North India. The company will acquire a 100% equity stake in K P S Wellness Private Limited and SVPD Healthcare Private Limited, entities that jointly own and operate KP Hospital (KPIMS) in Agra, Uttar Pradesh
Key Details of the Acquisition
Acquirer: Park Medi World Limited
Target Entities:
K P S Wellness Private Limited
SVPD Healthcare Private Limited
Industry: Hospital / Healthcare
Mode of Acquisition: Cash consideration
Equity Acquired: 100% existing shareholding
Total Acquisition Cost: ₹245 crore
Turnover of Target Entities: ₹77.10 crore
Net Worth of Target Entities: ₹10.44 crore
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ToggleStrategic Rationale
According to the company, the acquisition aligns with Park Group’s cluster-based growth strategy, which focuses on developing hospitals within close geographic proximity to enhance operational efficiency and economies of scale. With this transaction, Park Medi World adds one of the largest healthcare facilities in the region, with a total capacity of 360 beds
The acquisition also supports the group’s broader objective of expanding its presence across key urban centres in North India, reinforcing its position as a growing hospital network in the region.
About the Acquired Companies and KP Hospital
K P S Wellness Private Limited was incorporated on August 31, 2007.
SVPD Healthcare Private Limited was incorporated on March 2, 2022.
Both companies operate in Agra, Uttar Pradesh, and own KP Hospital, located near St. John’s Crossing, Bagh Muzaffar Khan Road, Agra – 282002
Since its launch in 2023, KPIMS has emerged as a leading multi-speciality and super-speciality hospital serving Agra and its surrounding regions. The hospital is NABH-accredited and is empanelled with major insurance providers and government healthcare schemes, supporting consistent patient inflows and long-term growth prospects.
Services Offered at KPIMS
KPIMS provides a wide range of healthcare services, including:
Super-speciality clinical services
Multi-speciality medical and surgical care
Diagnostic and support services