Dialysis service provider NephroPlus Mondayannounced the acquisition of DaVita Care India, which runs kidney care centers.
NephroPlus, which has 154 dialysis centres in 92 cities across India would foray into global markets and open about 20 centres over the next one year in two countries in South East Asia and Middle East, NephroPlus Founder and CEO Vikram Vuppala told reporters here.
Under the terms of the agreement, NephroPlus would acquire DaVita Care India's network of 22 centres.
With this acquisition, Nephroplus would further strengthenits servicing capacity and would have a presence in 18 states of India with 176 centers across 97 cities, Vuppala said.
Declining to divulge the cost of acquisition, Vuppala said it was "confidential."
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