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Synopsis
Metropolis Healthcare, a multinational chain of diagnostic labs, completed the acquisition of Core Diagnostics, a clinical laboratory, for INR 24.68bn. “This move aligns perfectly with our M&A strategy of acquiring high-quality platforms that are sub-scale and can be scaled rapidly through enhanced governance, management, and the extensive distribution network of Metropolis. The integration of Core into Metropolis is expected to unlock significant synergies, both cost and revenue, which will drive a strong return on investment and further reinforce our leadership in specialized diagnostics,” Avadhut Joshi, Metropolis Healthcare Chief Business Development Officer.
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