Nephrocare Acquires Davao Dialysis Center Assets for PHP 71.8M
By ThePip Desk
Nephrocare Health Services’ Philippine subsidiary acquires assets of a Davao City dialysis center for PHP 71.8 million through an Asset Transfer Agreement.
Nephrocare Health Services’ overseas step-down wholly-owned subsidiary, Nephrocare Health Care Services, Philippines Inc., has finalized an Asset Transfer Agreement (ATA) with Juan Nephro Dialysis Center for 71,800,000 Philippine Pesos (PHP).
This strategic move facilitates the acquisition of specific identified assets related to a dialysis center located in Davao City, 8000 Davao City Davao Del Sur Philippines.
Transaction Details
The agreement specifies the transfer of assets from Juan Nephro Dialysis Center to Nephrocare’s Philippine arm.
This transaction, valued at 71,800,000 Philippine Pesos, is subject to the comprehensive terms and conditions outlined within the official agreement.
Key Acquisition Figures
- Transaction Type: Asset Transfer Agreement (ATA)
- Acquiring Entity: Nephrocare Health Care Services, Philippines Inc.
- Target Location: Davao City, 8000 Davao City Davao Del Sur, Philippines
- Consideration: 71,800,000 Philippine Pesos (PHP)
Nephrocare’s Strategic Expansion
Nephrocare Health Services is recognized for offering comprehensive dialysis care through its expansive network of clinics.
Their specialized services range from initial diagnosis to ongoing treatment and various wellness programs, including haemodialysis, home dialysis, and mobile dialysis, all supported by integrated pharmacy operations.
The acquisition of these assets in Davao City directly supports Nephrocare’s broader strategy to enhance and expand its specialized healthcare delivery capabilities within the Philippine market. This move is consistent with their established model of providing holistic patient care.