Fruitas Holdings Inc. has entered an agreement to acquire 100 percent of the shares of Surehealth Multi-Specialty and Diagnostic Clinic Corp.
The acquisition marks Fruitas’ entry into the medical and diagnostic clinic sector within the healthcare industry. Fruitas is pursuing this acquisition to take advantage of the growing demand for healthcare services in the Philippines.
Surehealth is a private medical and diagnostic clinic established in 2007. Under the agreement, Fruitas will acquire a 100 percent stake in Surehealth which includes medical equipment, specialized manpower and the physical clinic located at Sta. Mesa, Manila.
The transaction is subject to execution of definitive agreements and closing is expected within two months.(PR)