Syrma SGS Technology seals acquisition of 51% stake in Johari Digital Healthcare

Syrma SGS Technology seals acquisition of 51% stake in Johari Digital Healthcare

In a significant move to strengthen its position in the electro-medical devices market, Syrma SGS Technology Limited has successfully completed the acquisition of a 51% stake in Johari Digital Healthcare Limited (JDHL). The deal, valued at ₹2,295 million, was finalized today, September 5, 2023, according to the terms outlined in the Transaction Documents. This acquisition […]

Syrma SGS acquires 51% stake in Johari Digital Healthcare for ₹2,295m

Syrma SGS acquires 51% stake in Johari Digital Healthcare for ₹2,295m

Syrma SGS, a prominent player in electronics system design and manufacturing services, has sealed the acquisition of a 51% stake in Johari Digital Healthcare Limited (JDHL), a comprehensive design-led producer of electro-medical devices. The deal’s value stands at ₹2,295 million, with an additional ₹280 million to be paid contingent on the achievement of specific milestones. […]