Thyrocare to acquire Vimta Labs’ diagnostic business
Thyrocare Tech to acquire diagnostic and pathological services of Vimta Lab. The healthcare service provider announced that it has signed a business transfer agreement to acquire the diagnostic and pathological services business of Vimta Labs for a cash consideration of Rs 7 crore.
Thyrocare said that it aims to leverage this established brand identity to enhance its own reach while maintaining the recognized brand of Vimta Labs. Over the years, Vimta Labs has built a strong strategic presence in and around Telangana region and enjoys significant customer loyalty. Thyrocare shall have access to 11 centres of Vimta Labs at the locations such as Telangana, Andhra Pradesh, Uttar Pradesh and Odisha. The central processing laboratory, which is also a NABL accredited laboratory, is situated in Hyderabad.
