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Entero Healthcare Solutions gets nod to acquire 80% stake in Avenir Lifecare Pharma
May-07-2024

Entero Healthcare Solutions has received approval to execute the definitive agreements to acquire 80% paid-up equity share capital of Avenir Lifecare Pharma (ALPPL). The business of ALPPL is in line of the business of the Company i.e. wholesale distribution of pharmaceutical and other allied products and the acquisition of ALPPL by the company shall enable the Company to expand its business in the State of Telangana and thereby enabling the company to generate additional business and revenue on consolidated basis. The acquisition shall be completed by May 31, 2024. The Board of Directors of the company at their meeting held on May 6, 2024 has approved the same. 

Entero Healthcare Solutions is a distributor of healthcare products in India. The company's technology-driven platform provides healthcare product distribution services to pharmacies, hospitals, and clinics throughout India.


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