Park Medi World Subsidiary Acquires Febris Multispeciality Hospital for ₹50.68 Crore
Blue Heavens Health Care Private Limited, a wholly-owned subsidiary of Park Medi World Limited, has successfully acquired Durha Vitrak Private Limited, which owns and operates Febris Multispeciality H...
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Why is Park Medi World Limited in the news today?
Park Medi World Limited (PARKHOSPS) is in the news due to the acquisition of a hospital by a subsidiary, which expands the company's capacity and aligns with its growth strategy, is a positive development.
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Park Medi World Subsidiary Acquires Febris Multispeciality Hospital for ₹50.68 Crore
December 24, 2025, 03:43 AM
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Blue Heavens Health Care Private Limited, a wholly-owned subsidiary of Park Medi World Limited, has successfully acquired Durha Vitrak Private Limited, which owns and operates Febris Multispeciality Hospital in Narela, New Delhi. This acquisition was completed on December 23, 2025, following approval from the National Company Law Tribunal, New Delhi, under the corporate insolvency resolution process as per the Insolvency and Bankruptcy Code, 2016.
The Febris Multispeciality Hospital is a 200-bedded facility constructed over 1,10,000 sq ft. It is strategically located to serve the healthcare needs of low-income families in Narela and surrounding rural areas of Haryana and Uttar Pradesh. The acquisition was made in cash for an aggregate consideration of ₹50.68 crore, acquiring 100% shareholding in Durha Vitrak Private Limited.
This acquisition is part of Park Group's strategy to expand its hospital capacity and strengthen its infrastructure, with a plan to reach a total of 5,260 beds by March 2028. Park Group is currently North India's second-largest hospital chain with 14 hospitals and 3,250 beds, and this addition aligns with its cluster-based growth model and mission to provide high-quality, affordable healthcare.
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