Metropolis signs binding agreement to acquire lab in Ahmedabad

New Delhi: Leading diagnostic service provider Metropolis Healthcare Ltd, today signed a binding agreement to acquire Ahmedabad based Shraddha Diagnostics Pvt Ltd.

With this acquisition, Metropolis has expanded its lab footprint from 17 to 20 in nine cities and towns of Gujarat; Ahmedabad, Surat, Baroda, Mehsana, Rajkot, Navsari, Jamnagar, Bharuch and Gandhidham. Besides, presently, the company has 300 patient service network centers across Gujarat and services over 1500+ clients through its robust B2B network.

“Gujarat has always been an important market for us. In October 2019, we acquired 4 laboratories in Surat that increased our market share and we are now leaders in the region. With the Ahmedabad acquisition, we are aiming to gain profitable market share by building better leadership, operational capabilities, and expanding our test menu. Our immediate focus would be to fully integrate and modernize these laboratories and in terms of diagnosis, deliver on our promise of integrity, empathy, and accuracy,” said Ameera Shah, Promoter and Managing Director, Metropolis Healthcare Ltd.