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BAYADA HOME KEEN TO RAISE STAKE IN INDIAN ARM
January 10, 2016
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1.New Jersey-based Bayada Home Health Care is keen on increasing its stake in the Chennai-based India Home Health Care to achieve its objective of serving at least one million patients a year globally.

2.To achieve its objective, Bayada would increase its equity in the Chennai-based India Home Health Care Pvt. Ltd., in which it already holds 25.1 per cent stake.

3.On Monday, Bayada acquired Cologne-based Ulrich Home Health Care in all cash deal. It also entered into a joint venture with an unnamed South Korean firm to address the demand in geriatric care space. It is also exploring the possibility of entering Dublin, he said.

4.During 2015, Bayada Home Health Care served 1.50 lakh patients based in the U.S. and India.