- M&A
- 1 min read
Ramsay Sime Darby Health Care acquires Manipal Hospitals, Klang, Malaysia
Financial details of the agreement were not disclosed.
Financial details of the agreement were not disclosed.
Set up in 2016, Manipal Hospitals, Klang, is a tertiary care hospital accredited by the Malaysian Society for Quality in Health, according to a statement issued by the Indian multi-speciality healthcare provider.
The 220-bedded facility offers a range of over 30 specialty services including Klangs only state-of-the-art trauma centre, it said.
The divestment comes at a time when Manipal Hospitals gears up for a smooth integration of Columbia Asia Hospitals India as that acquisition is nearing completion, the statement said.
"The Hospital group is also scouting to expand its footprint in Eastern India which is presently underserved and further enhance its presence in the existing geographies," it was stated.
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