Marengo Asia Hospitals Completes the Acquisition of Majority Stake in Sunshine Global Hospitals, Strengthening Presence in Western India
Surat (Gujarat) [India], April 17: Marengo Asia Hospitals has further strengthened its Western India footprint by acquiring a majority stake...
Surat (Gujarat) [India], April 17: Marengo Asia Hospitals has further strengthened its Western India footprint by acquiring a majority stake in Sunshine Global Hospitals. The two NABH-accredited hospitals in Surat and Vadodara have a combined capacity of 400 beds. This acquisition further consolidates Marengo Asia Hospitals’ presence in Gujarat, where it already has two facilities in Ahmedabad and Bhuj. Marengo Asia Hospitals has become one of the largest hospital groups in Gujarat with a capacity of over 1150 beds.
Marengo Asia Hospitals focuses on providing tertiary and quaternary care, creating “Centers of Excellence’ across clinical specialties, and adopting a ‘Patient First’ approach. This acquisition will also strengthen the concept of a clinical corridor, where the clinical strengths in sub-specialties and super-specialties of hospitals across major cities of Gujarat can be leveraged.
With this acquisition, the clinician network of Surat and Vadodara will not only gain access to the national footprint of Marengo Asia but will also get opportunities to utilise their skill sets across the group’s existing medical strategic partnerships in Kenya, Iraq, the Kingdom of Saudi Arabia, the Middle East and Uzbekistan.