# Syrma SGS Technology acquires 51% stake in Johari Digital Healthcare

Syrma SGS Technology Limited has agreed to acquire a 51% stake in Johari Digital Healthcare Limited, an electro-medical device manufacturer, for a consideration of Rs 2,295 million, with an additional Rs 280 million contingent on milestones.

- Type: Acquisition
- Announced: 2023-08-01
- Where: India
- Value: $27.7M (2.29B INR)
- Status: announced
- Products: electro-medical devices
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Syrma SGS Technology](https://endata.com/companies/19020.md) (acquirer)
- [Johari Digital Healthcare](https://endata.com/companies/71773.md) (target)

## Sources

- [mudrastreet.in](https://www.mudrastreet.in/syrma-sgs-technology-acquires-51-in-johari-digital-healthcare/), 2023-08-01: "This partnership is a strategic fit for us, as it aligns with our vision of foraying into fast growing medical devices segment."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.