Singapore's Luye Medical aquires Australia's third largest private healthcare group
24-Apr-16, ACN Newswire
On April 18, 2016, Australia's third largest private healthcare group, Healthe Care, officially became a member of Luye Medicals Group Pte Ltd (Luye Medical Group) after the acquisition from Australia's Archer Capital Fund was completed. Through the acquisition, Luye Medical Group has leapfrogged into the ranks of the largest international private medical groups in the region.
%20Luye%20Medical.jpg "Singapores Luye Medical aquires Australias third largest private healthcare group (c) Luye Medical")
Image: Luye Medical
Healthe Care will continue to expand its business operations in the Australian market, and work closely with Luye Medical Group to expand its footprint and building high quality healthcare services in Singapore, China and the other Asian countries.
Luye Medical Group believes that the acquisition of Healthe Care will greatly enhance its capabilities in China, enabling it to deliver high quality healthcare services with international standards.