Polymed to acquire 90% stake in PendraCare Group for ₹188.5 crore

Polymed has signed definitive agreements to acquire a 90% stake in PendraCare Group (PendraCare Holdings and Wellinq Medical) for an enterprise value of ₹188.5 crore (€18.3 million), gaining access to cardiology catheter solutions and regulated markets in Europe and the US.

“Polymed, a leading medical device company with a strong position in the medical consumables market, has announced the signing of definitive agreements to acquire a 90 per cent stake in PendraCare Group.”expresshealthcare.in

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• expresshealthcare.inPolymed to acquire 90% stake in PendraCare Group for ₹188.5 crores - Express HealthcareEH News BureauSep 4, 2025

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