Central Labs was acquired by the publicly traded diagnostic chain Dr Lal PathLabs

Wodehouse Capital acted as advisor to Central Lab which was acquired by Dr Lal PathLabs to strengthen its business presence in Madhya Pradesh

 

Company
Central Lab Indore
Transaction
Sector
Activity
Diagnostic services
Date
Country
India

Founded in 2010, Central Labs Indore is engaged in processing of Pathology and Histopathology samples in the state of Madhya Pradesh. With over 9 years of operations, Central Lab has a network of 100+ collection centers and Pick up points, over 150 employees and 7 labs with a team of 15 senior pathologists including the Founder & Promoter, Dr Vinita Kothari
PathLabs Unifiers Private Limited, a wholly owned subsidiary of Dr Lal. PathLabs Ltd. acquired a 70% equity stake in "New company" by Dr. Vinita Kothari and Mrs. Sushila Dixit. 
The “New Company” will house the business of:
▪ M/s “Central Lab, Indore” a partnership concern having Dr. Vinita Kothari and Mrs. Sushila Dalal as its partners and engaged in Pathology business in the state of Madhya Pradesh.
▪ M/s. “Vinita Kothari” a proprietorship concern of Dr. Vinita Kothari, a Histopathologist engaged in processing of Histopathology samples.

Post this transaction, Dr Lal Path Labs operates with 200 clinical labs, 2569 patient service centers and 6426 pick-up points.