Manipal Hospitals (MHEPL) is acquiring Sahyadri Hospitals from the Ontario Teachers’ Pension Plan for an estimated transaction of over ₹6,000 crore. The deal comes with 11 hospitals across premium locations like Pune, Nashik, Ahliya Nagar, and Karad. This acquisition expands Manipal’s capacity to around 12,000+ beds across 49 locations.
This acquisition solidifies Manipal’s standing as a prominent participant in India’s largest hospital chains and propels its growth in western India. These acquisitions mirror the broader trend in the Indian healthcare sector, where major giants are acquiring regional chains to strengthen and scale their capabilities.
“With this acquisition, we aim to extend our patient-centric approach, rooted in clinical excellence and transparency, to a wider base. We are excited to welcome Sahyadri’s world-class facilities and doctors into the Manipal family,” commented MD & CEO, Manipal Health Enterprise, Dilip Jose.
Chairman of Manipal Education and Medical Group, Dr Ranjan Pai, shared, “From a single hospital in Bengaluru in 1991, we have now grown into one of the largest hospital chains in India. This acquisition is a significant step forward in our vision to offer world-class healthcare to more people.”
