Shalby Limited takes majority stake in PK Healthcare to expand reach in Delhi/NCR
Shalby Limited, India’s leading multi-specialty hospital, has made a strategic investment in PK Healthcare Pvt Ltd by acquiring an 87.26% equity stake for a consideration of Rs 102 Cr. This acquisition, to be completed within a month through primary infusion and secondary buy-outs, aligns with Shalby’s strategy to expand its presence in the Delhi/National Capital Region (NCR) and consolidate its position in Northern India.
Sanar International Hospitals’ Prime Location and Expansion Potential
Sanar International Hospitals, a part of PK Healthcare, is situated in a prime location on Golf Course Road, Gurugram. Occupying a land parcel of 1.27 acres on a long-term lease, the hospital currently has a 130-bed facility, which can be expanded to 180 beds with additional capital expenditure.
Focus on Comprehensive, Advanced Surgical Care
Sanar International Hospitals is renowned for its comprehensive and advanced surgical care, specializing in areas such as Cancer, Heart, Blood and Marrow Transplant, Kidney & Liver Transplant, Bone & Joint, and Neurosciences, among others. The hospital has gained recognition for its exceptional medical expertise, state-of-the-art facilities, and world-class infrastructure, attracting both domestic and international patients.
Shalby Limited Bolsters Presence in Northern India with PK Healthcare Acquisition
Significant International Patient Care
Currently, Sanar International Hospitals generates around 70% of its business from international markets, catering to patients from over 60 countries. This acquisition will enable the hospital to leverage Shalby’s global presence and leadership in Orthopaedics, enhancing its service offerings to international patients and those in Northern India.
Global Collaborations and Representative Offices
Sanar International Hospitals has established multiple tie-ups with healthcare facilities globally and operates seven representative offices in the Middle East, Africa, CIS, SAARC, and other international locations, facilitating a wide range of patient needs.
Leadership’s Vision for Growth and Value Creation
Dr. Vikram Shah, Chairman of Shalby Limited, expressed his excitement about the acquisition, citing PK Healthcare’s reputation in both domestic and international markets and its world-class facilities. He emphasized the potential value this synergy will bring to all stakeholders and shareholders.
Enhancing Healthcare Services and Patient Care
Shalby Limited’s acquisition of PK Healthcare Pvt Ltd represents a significant step in enhancing healthcare services in the Delhi/NCR region and beyond. With this strategic investment, Shalby Limited is poised to strengthen its position as a leader in the healthcare sector, providing advanced medical care and contributing to the growth and development of the industry in India.