Narayana Hrudayalaya Ltd, the parent company of the Narayana Health network, has announced the acquisition of UK-based Practice Plus Group Hospitals in an all-cash deal valued at approximately Rs 2,200 crore (GBP 188.78 million).
As per the company’s filing with the BSE, the transaction involves the purchase of 100 percent equity shares of Practice Plus Group Hospitals Ltd and will be executed through Narayana Hrudayalaya UK Ltd, a wholly owned subsidiary of Health City Cayman Islands Ltd.
Through this acquisition, Narayana Health will gain ownership of seven hospitals, three surgical centres, two urgent treatment units, and several diagnostic and ophthalmology centres, with a combined capacity of 330 beds.
Commenting on the development, Dr. Devi Shetty said the acquisition reflects the company’s long-standing vision of making private healthcare more accessible and affordable.
“Like Narayana Health, Practice Plus Group recognised that the majority of patients were struggling to access healthcare, while only a minority could afford costly private healthcare. We have both been working to meet the demands of those in between, and to offer a new choice of more accessible private healthcare.”
Practice Plus Group CEO Jim Easton welcomed the move, stating that Narayana Health’s proven track record in quality and operational efficiency would strengthen their network’s capabilities.
This deal marks Narayana Health’s entry into the UK healthcare market, elevating it among India’s top three hospital chains by revenue. The integration is expected to enable the company to leverage its technology-driven healthcare model, enhancing efficiency, innovation, and long-term value across its expanding international operations.