Tube Investments and Premji Invest acquire Lotus Surgicals for Rs 348 crore

Tube Investments of India and Premji Invest signed a share purchase agreement to acquire 100% of Lotus Surgicals for Rs 348 crore. Tube Investments will hold 67% and Premji Invest 33%, marking their entry into the med-tech business.

“Tube Investments and Premji Invest on Saturday signed a share purchase agreement to acquire 100 per cent equity capital of Lotus Surgicals Pvt Ltd.”health.economictimes.indiatimes.com

• 2 sources
• health.economictimes.indiatimes.comTube Investments, Premji Invest partner up to acquire Lotus Surgicals for Rs 348 crore, ETHealthworldET HealthWorldMar 25, 2023
• worldoftechnicaltextile.comTII and Premji Invest join hands to acquire Lotus Surgicals to create med-tech platform - Techtextiles & NonwovensThe Textile MagazineMar 27, 2023

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