Abhay HealthTech acquires MNP Healthcare in strategic move

Abhay HealthTech has announced the acquisition of MNP Healthcare, a consumer healthcare products manufacturer based in Faridabad. This acquisition is a significant milestone in Abhay HealthTech’s expansion plans, reinforcing its presence in the OTC consumer healthcare sector.

As part of this collaboration, Abhay HealthTech will acquire MNP Healthcare’s entire portfolio, including its brands, products, people, and manufacturing facilities. The acquisition will enhance Abhay HealthTech’s product range by integrating MNP’s diverse offerings into its sales and distribution network.

Through this acquisition, Abhay HealthTech also becomes a strategic partner of MNP’s manufacturing facilities. This partnership bolsters its capabilities to meet market demands. Furthermore, the directors of MNP Healthcare,  Mohanlal Yadav and Naveen Pathak, will join the advisory board of Abhay HealthTech, contributing their expertise in product research, development, and manufacturing.

“This acquisition marks a pivotal step in Abhay HealthTech’s journey to become a dominant player in the healthcare sector,” said Sougat Chatterjee, Co-founder and CEO of Abhay HealthTech. “By joining forces with MNP Healthcare, we are not only expanding our product portfolio but also solidifying our commitment to delivering top-quality healthcare products to more consumers.”

Apurv Modi, Co-founder and Managing Director of Abhay HealthTech, highlighted the long-term benefits of this acquisition, “MNP Healthcare brings significant manufacturing expertise and a proven track record of delivering world-class products at competitive prices. Together, we will strengthen our market position and continue to deliver innovative healthcare solutions.”

Ratnankur Chakraborty, National Sales Manager of Abhay HealthTech, added, “MNP Healthcare’s trusted brands and products will add better range to Abhay HealthTech’s distribution network, ensuring that more customers across the country have access to affordable and high-quality healthcare products.”

“We are excited about this partnership with Abhay HealthTech. This collaboration will allow us to expand our reach while maintaining our commitment towards providing innovative products. We look forward to this new chapter with a trusted partner like Abhay HealthTech,” said Mohanlal Yadav, Managing Director of MNP Healthcare.

Naveen Pathak, Director of MNP Healthcare, added, “Joining forces with Abhay HealthTech provides us with new opportunities to scale our operations and bring even greater value to our customers.”

This acquisition is part of Abhay HealthTech’s strategy to collaborate with industry leaders and expand its footprint in the healthcare market. With MNP Healthcare’s manufacturing foundation and Abhay HealthTech’s distribution network, this partnership will ensure continued innovation and delivery of healthcare products.