VPS Healthcare acquires Rockland
This acquisition is a part of VPS Healthcare’s pan India strategy and to have presence in NCR and others parts of India
Delhi’s Rockland Hospitals was recently acquired by Abu Dhabi’s VPS Healthcare. “VPS Healthcare has done 100% acquisition of Rockland Hospitals. The acquisition includes Rockland assets in Qutab, Dwarka, Manesar and a land in Noida for future expansion,” said a source. The takeover is effective 1st July, 2016.
This acquisition is a part of VPS Healthcare’s pan India strategy and to have presence in NCR and others parts of India. VPS Healthcare has acquired majority stake in the 350-bedded Lakeshore Hospital & Research Center in Kochi.
On 28th June, Dr Shamsheer along with key members of the VPS corporate team addressed doctors and heads of departments of Rockland Hospitals at the group’s unit in Qutab about the takeover. Dr Shamsheer assured Rockland’s operations would be improved and better infrastructure would be provided.