Entero Healthcare Solutions Limited has completed the acquisition of the remaining 15% equity stake in Getwell Medicare Solution Private Limited for around ₹15 million. The strategic acquisition, completed on March 14, 2025, makes Getwell Medicare a wholly-owned subsidiary of Entero Healthcare.
Highlights:
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Entero acquires remaining 12,00,000 equity shares (15% stake) in Getwell Medicare
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Transaction value: Around ₹15 million
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Acquisition closes the process that began in December 2018
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Enhances Entero's foothold in healthcare product distribution
The acquisition is in line with Entero Healthcare's strategy for growth, adding to its technology-enabled distribution platform serving pharmacies, hospitals, and clinics in India. The transaction follows Entero's history of strategic acquisitions, with Getwell Medicare being a major addition to its portfolio.
Getwell Medicare recorded a turnover of ₹1.94 billion in FY 2023, which reflects the value it can add to Entero's business. This acquisition is likely to strengthen Entero's market presence and operational efficiency in the competitive healthcare distribution industry.
This acquisition is another milestone for Entero Healthcare since its incorporation in 2018, solidifying its vision for growth and expansion in India's healthcare ecosystem.
Sources: Entero Healthcare Solutions Limited Regulatory Filing, MoneyWorks4Me, March 28, 2025