Aster DM Healthcare to acquire balance stake in Aster Aadhar

27 Nov 2024 , 12:17 PM

Aster DM Healthcare, one of India’s major integrated healthcare providers, has agreed to acquire the remaining ownership in Aster Adhaar Hospital (Prerana Hospital Limited) in Kolhapur, Maharashtra. 

With this acquisition, Aster DM Healthcare will now own a 100% stake in the target company, up from 87%. The acquisition will be completed in two tranches by December 31, 2025. Aster DM Healthcare has completed the acquisition of Prerana Hospital Limited, a critical milestone in its growth and diversification strategy. 

Aster Aadhar Hospital, Kolhapur, has 254 beds and is the city’s largest multi-specialty hospital. The hospital is the first in the region to receive the famous NABH Accreditation, the highest level for quality treatment. The hospital prioritizes compassionate and quality care, offering over 25 specialties with top doctors and committed support staff.

Aster DM Healthcare is well-positioned to fulfill the growing demand for sophisticated healthcare in India.

Over the next 5 years (FY25-FY29), the India business is expected to grow at a CAGR of approximately 18% – 20% YoY due to rising occupancy and capacity additions. Over the next 4-5 years, the Operating EBITDA margin is estimated to be between 23% and 25%. 

The subsidiary will capitalize on the parent company’s assets, such as market presence and financial stability, to drive expansion and catch new possibilities. 

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