Apollo Hospitals has finalized a 100% acquisition of Apollo Health And Lifestyle for Rs 18.69 crore. The transaction was completed on April 10, 2023, as part of Apollo’s strategy to strengthen its presence in the health and lifestyle sector.

The acquisition enables Apollo Hospitals to expand its operational scope and enhance its offerings in healthcare services. The company aims to leverage the existing infrastructure of Apollo Health And Lifestyle to improve patient care and service delivery.

Apollo Health And Lifestyle operates multiple health and wellness programs, which align with Apollo Hospitals’ vision of providing comprehensive healthcare solutions. This move is expected to create synergies and maximize the potential of both entities.

Founded in 1983, Apollo Hospitals has grown to become one of the largest healthcare providers in India, with a network of hospitals, pharmacies, and wellness centers across the country. This acquisition marks a significant milestone in Apollo’s ongoing efforts to diversify and enhance its service portfolio.

Source: news source