Fortis Healthcare Ltd, a healthcare delivery company, has acquired Suguna Hospital in Bengaluru for ₹277 crore through an all-cash transaction structured as a slump sale.
The acquisition was completed by Fortis Healthcare’s wholly owned subsidiary, International Hospital Ltd (IHL), which will take over the hospital’s entire business operations, including the underlying land and building.
The deal aligns with Fortis’ cluster-focused expansion strategy and strengthens its presence in Bengaluru.
Hospital offers scope for capacity expansion
Commissioned in 2006, Suguna Hospital is a 110-bed facility on Dr Rajkumar Road in Rajajinagar, North-West Bengaluru. The hospital has the potential to expand its capacity to approximately 150 beds.
The facility recorded revenue of around ₹50 crore in FY26. Fortis plans to invest in upgrading medical infrastructure, expanding clinical programmes and increasing bed capacity to improve the hospital’s performance.
Fortis strengthens North-West Bengaluru network
The acquisition positions Fortis among the leading healthcare providers in the North-West Bengaluru corridor. Its facilities in Rajajinagar and Yeshwanthpur, including People Tree, along with Suguna Hospital, offer a combined potential capacity of approximately 500 beds.
“With Suguna Hospital in our portfolio, we now have 1,000 operational beds in the city. We foresee significant opportunities to leverage our existing network and draw on scale and synergy efficiencies to optimise operations, while further strengthening our clinical capabilities and brand presence,” Fortis Healthcare, Managing Director and CEO, Ashutosh Raghuvanshi, said.
Promoters expect next phase of growth
“The agreement with Fortis Healthcare represents an important step in the hospital’s next phase of growth. Fortis brings significant clinical expertise, operational capabilities and resources that will enable the hospital to expand its offerings and strengthen the care it provides to patients,” Suguna Hospital promoters, R. Ravindra and Sujatha Ravindra, said.
The acquisition is expected to help Fortis leverage its existing brand presence and operational network to develop Suguna Hospital’s clinical capabilities and expand access to healthcare services in Bengaluru.