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Max Healthcare Acquires 100% Stake In Zulekha Healthcare Group’s Alexis Hospital

As part of this Rs 412 Crore deal, the private healthcare provider, Max Healthcare Institute, has acquired a 100% stake in Alexis Multi Speciality Hospital and renamed it as Max Super Speciality Hospital.

| Published on February 19, 2024

Max Healthcare Acquires 100% Stake In Zulekha Healthcare Group's Alexis Hospital

Having acquired a 100% stake in Alexis Multi Speciality Hospital for an Enterprise Value of Rs 412 Crore, Max Healthcare Institute has renamed the Nagpur-based hospital as Max Super Speciality Hospital.

This acquisition aligns with Max Healthcare’s mission to provide best-in-class clinical care to patients in Western and Central India.

With this development, Max Healthcare is dedicated to bringing about operational synergies, enhancing efficiencies in healthcare delivery and ensuring the continuity of care and a smooth integration process, with a focus on maintaining the highest standards of medical excellence and patient satisfaction.

Established in 2016, Alexis Hospital is the only JCI-accredited hospital in Nagpur which provided high-end tertiary care services such as Organ Transplant, Oncology (including Radiation), Neurology, Cardiology, Gastroenterology and diagnostics facilities under one roof.

Commenting on the acquisition, Abhay Soi, Chairman and Managing Director, Max Healthcare Institute, said-

“We are thrilled to announce the successful completion of the acquisition of Alexis Hospital. This milestone marks a significant step forward in our growth strategy, allowing us to harness new opportunities, expand our capabilities, and deliver greater value to our patients in this region. We are excited about the possibilities that lie ahead and remain committed to providing best-in-class healthcare services to our patients.”

To this, Zanubia Shams, Co-Chairperson, Zulekha Healthcare Group (the parent company of Alexis Hospitals) said-

“We extend our best wishes to the team at Max Super Speciality Hospital, Nagpur as they embark on this exciting new phase, and we look forward to witnessing their continued success.”

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