ALPHA TRIBE

Park Medi World LimitedJV/Acquisition, 25-05-2026: Acquisition

25-05-2026 | 09:24 am

Park Medi World Limited is acquiring The Medicity Hospital in Rudrapur for ~₹177 Cr. This move expands Park Group's footprint into Uttarakhand, marking its entry into a sixth state. The acquisition aims to boost operational synergies and achieve economies of scale by leveraging assets in underserved markets. The Medicity Hospital, a 330-bed multi-super specialty facility, is expected to strengthen Park Group's financial performance and contribute to its goal of building a dominant healthcare network in North India.

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