Fortis Healthcare has announced that it will acquire People Tree Hospital in Bengaluru for ₹430 crore. The purchase will be made through its wholly owned subsidiary, International Hospital Limited, which will take full ownership of TMI Healthcare Private Limited, the company that runs the hospital.
People Tree Hospital is a 125-bed, multi-specialty hospital located in Yeshwanthpur, Bengaluru. It is accredited by the National Accreditation Board for Hospitals (NABH) and offers treatment in areas such as heart care, orthopaedics, brain and nerve care, kidney treatment, gastroenterology and critical care. The hospital reported revenue of about ₹74 crore in the last financial year.
The deal includes the hospital building, the land on which it stands and an additional nearby land parcel. This extra land will allow Fortis to expand the hospital in the future. Fortis plans to invest around ₹410 crore over the next three years to upgrade the facility. This money will be used to add more beds, improve medical equipment and introduce new services, including radiation therapy for cancer care. After expansion, the hospital is expected to have more than 300 beds.
Fortis said the acquisition is part of its plan to strengthen its presence in key cities. Bengaluru is an important market for the company. At present, Fortis operates seven hospitals in the city, with around 900 beds across owned and managed facilities. With the addition of People Tree Hospital and future investments, Fortis aims to increase its total bed capacity in Bengaluru to over 1,500 beds.
The company believes the deal will help improve patient care by sharing medical expertise and resources across its hospitals in the city. The transaction is expected to be completed by the end of January 2026, after receiving required approvals.
The acquisition highlights Fortis Healthcare’s focus on growing its hospital network and improving access to quality healthcare in fast-growing urban centres.
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