image credit- shutterstock
Fortis Healthcare Limited (FHL) has announced its acquisition of Suguna Hospital in Bengaluru from inter alia Suguna Ramaiah Hospitals by way of a slump sale. The said acquisition has been undertaken by FHL’s wholly-owned subsidiary International Hospital Limited (IHL) with the transaction being consummated today.
As part of the transaction, IHL would acquire the entire business operations of Suguna Hospital, along with the underlying hospital land and building. The transaction, structured as an all-cash deal is in line with the company’s cluster-focused inorganic growth strategy and further bolsters Fortis’ network in the city of Bengaluru.
Commissioned in 2006, Suguna Hospital is a 110-bedded facility located on Dr Rajkumar Road, Rajajinagar in North-West Bengaluru and has a potential to expand to ~150 beds. The hospital is strategically located in an affluent and densely populated catchment with strong connectivity. The acquisition positions Fortis as amongst the leading healthcare providers in the North-West Bengaluru corridor with approx. 500 potential beds across its existing facility in Rajajinagar, the People Tree facility in Yeshwanthpur and the Suguna Hospital.
The facility recorded revenues of approximately Rs 50 crore in FY26. The above acquisition and the planned investments for upgrading medical infrastructure, expanding clinical programmes and adding bed capacity in Suguna Hospitals provide an opportunity for Fortis to leverage its existing brand presence and enhance the facility’s performance in future.