Narayana Health, through its subsidiary, has entered into an agreement to acquire 100% of Practice Plus Group Hospitals Limited in the United Kingdom. The acquisition, valued at GBP 188.78 million, aims to expand Narayana Health’s international presence. Practice Plus Group operates hospitals and surgical centers with a significant turnover and employee base. The deal is subject to customary closing conditions and is expected to strengthen Narayana Health’s footprint in the international healthcare market.
Strategic Acquisition in the UK
Narayana Health is set to broaden its international healthcare portfolio through the acquisition of Practice Plus Group Hospitals Limited, a company based in the United Kingdom. The agreement, finalized on October 30, 2025, will see Narayana Health acquire 100% equity in the target company.
Deal Terms and Financials
The total consideration for this acquisition amounts to GBP 188.78 million. This investment secures 100% of the equity shares of Practice Plus Group Hospitals Limited, with the transaction being managed through Narayana Hrudayalaya UK Ltd., a wholly-owned subsidiary of Health City Cayman Islands Limited. The per-share price for the acquisition is GBP 3146.29.
Target Company Profile
Practice Plus Group Hospitals Limited, established on November 10, 1997, operates as a hospital provider within the United Kingdom. The company’s infrastructure includes 7 hospitals, 3 surgical centers, 2 urgent treatment centers, 3 musculoskeletal/diagnostic centers, and 1 ophthalmology center, totaling 330 beds.
The company’s financial performance includes a turnover of GBP 229 million in the year ended September 2024, with an estimated turnover of approximately GBP 250 million for the year ending September 2025. The group employs approximately 2,500 full-time equivalent employees as of September 2024, of which approximately 1,300 are doctors and clinical staff.
Rationale for the Acquisition
This acquisition is intended to build upon Narayana Health’s existing international presence, leveraging the group’s successful expansion in the Caribbean through Health City Cayman Islands. The deal is expected to close within 6 business days from the agreement date, or another agreed-upon date, pending standard closing conditions.
Source: BSE
