Narayana Health Expands Global Footprint with £188.78 Million Acquisition of UK's Practice Plus Group

1 min read     Updated on 31 Oct 2025, 01:36 AM
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Reviewed by
Naman SharmaScanX News Team
Overview

Narayana Hrudayalaya, through its subsidiary Narayana Hrudayalaya UK Ltd., is acquiring Practice Plus Group Hospitals Limited for £188.78 million in cash. The deal involves 100% equity acquisition of 60,001 shares at £3,146.29 per share. Practice Plus Group operates 16 healthcare facilities across the UK, including 7 hospitals, with a total bed capacity of 330 and employs about 2,500 full-time equivalents. The company's turnover was £211 million in FY2023, with projections of £229 million for FY2024 and £250 million for FY2025. The acquisition is expected to close within 6 business days and doesn't require regulatory approvals.

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*this image is generated using AI for illustrative purposes only.

Narayana Hrudayalaya , a leading Indian healthcare provider, has announced a significant international expansion through the acquisition of Practice Plus Group Hospitals Limited, a prominent UK-based healthcare company. The deal, valued at £188.78 million, marks a strategic move to strengthen Narayana Health's presence in the global healthcare market.

Key Details of the Acquisition

Aspect Details
Acquirer Narayana Hrudayalaya UK Ltd. (subsidiary of Health City Cayman Islands Limited)
Target Company Practice Plus Group Hospitals Limited
Acquisition Cost £188.78 million
Payment Method Cash consideration
Equity Acquired 100% (60,001 shares at £3,146.29 per share)
Expected Closing Within 6 business days

Practice Plus Group: A Snapshot

Practice Plus Group operates a diverse portfolio of healthcare facilities across the United Kingdom:

Facility Type Count
Hospitals 7
Surgical Centers 3
Urgent Treatment Centers 2
Musculoskeletal/Diagnostic Centers 3
Ophthalmology Center 1
Total Bed Capacity 330

The company employs approximately 2,500 full-time equivalents, including 1,300 doctors and clinical staff, showcasing its substantial presence in the UK healthcare sector.

Financial Performance

Practice Plus Group has demonstrated strong financial performance in recent years:

Financial Year Turnover (in £ million)
FY2023 211.00
FY2024 229.00
FY2025 (Estimated) 250.00

Strategic Implications

This acquisition builds upon Narayana Health's international presence, following its expansion in the Caribbean through Health City Cayman Islands. The move into the UK market represents a significant step in the company's global growth strategy.

Regulatory Aspects

The acquisition does not require any governmental or regulatory approvals, which may facilitate a smoother transition and integration process.

Narayana Health's expansion into the UK healthcare market through this acquisition demonstrates the company's commitment to global growth and diversification. As the healthcare landscape continues to evolve, this move may position Narayana Health to leverage new opportunities and enhance its international presence.

Historical Stock Returns for Narayana Hrudayalaya

1 Day5 Days1 Month6 Months1 Year5 Years
-2.88%+0.48%+0.32%-0.98%+36.96%+429.53%
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Narayana Hrudayalaya Expands Global Footprint with New UK Subsidiary

1 min read     Updated on 08 Oct 2025, 08:02 PM
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Reviewed by
Shriram ShekharScanX News Team
Overview

Narayana Hrudayalaya's subsidiary, Health City Cayman Islands Ltd. (HCCI), has incorporated Narayana Hrudayalaya UK Ltd. in the United Kingdom. The new entity, registered on October 8, 2025, is a wholly-owned step-down overseas subsidiary with a paid-up share capital of GBP 1,000.00. This strategic move positions the company for potential investments outside the Cayman Islands and possible expansion into European markets.

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*this image is generated using AI for illustrative purposes only.

Narayana Hrudayalaya , a leading Indian healthcare provider, has taken a significant step in its international expansion strategy. The company's wholly-owned subsidiary, Health City Cayman Islands Ltd. (HCCI), has established a new entity in the United Kingdom, marking a notable development in the organization's global presence.

Key Highlights

  • Narayana Hrudayalaya's subsidiary HCCI has incorporated Narayana Hrudayalaya UK Ltd. in the United Kingdom.
  • The new entity was registered on October 8, 2025, as a private limited company under the UK Companies Act, 2006.
  • This move establishes Narayana Hrudayalaya UK Ltd. as a wholly-owned step-down overseas subsidiary of Narayana Hrudayalaya Limited.

Corporate Structure and Financial Details

Aspect Details
Parent Company Narayana Hrudayalaya Limited (India)
Immediate Parent Health City Cayman Islands Ltd. (HCCI)
New Subsidiary Narayana Hrudayalaya UK Ltd.
Incorporation Date October 8, 2025
Paid-up Share Capital GBP 1,000.00
Shareholding 100% held by HCCI

Strategic Implications

The incorporation of Narayana Hrudayalaya UK Ltd. appears to be a strategic move aimed at facilitating potential investments outside the Cayman Islands. While the new entity is currently established as a holding company, it positions Narayana Hrudayalaya to explore opportunities in the UK and potentially other European markets.

This development aligns with the broader trend of Indian healthcare providers expanding their international presence. By establishing a foothold in the UK, Narayana Hrudayalaya may be looking to tap into new markets, diversify its operations, and potentially bring its healthcare model to a global audience.

Regulatory Compliance

The company has duly informed the stock exchanges about this development, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This transparency ensures that shareholders and the market are kept informed about significant corporate actions that may impact the company's future operations and financial performance.

As Narayana Hrudayalaya continues to expand its global footprint, stakeholders will be keen to observe how this new UK subsidiary contributes to the company's overall growth strategy and international operations in the coming years.

Historical Stock Returns for Narayana Hrudayalaya

1 Day5 Days1 Month6 Months1 Year5 Years
-2.88%+0.48%+0.32%-0.98%+36.96%+429.53%
Narayana Hrudayalaya
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