close
Medical supplies

NPMC Acquires GNG Medical Supplies, Another Milestone By NPMC Spokesperson Khaniya Gupta

Dr. Gautam Arora

Dr. Gautam Arora

Dr. Gautam Arora

Dr. Gautam Arora

Dr. Gautam Arora

This would further improve patient care by NPMC Dr Gautam Arora

This would improve patient outcomes and reduce the cost of healthcare”

—Dr. Gautam Arora

MONROE, NJ, USA, February 28, 2022 /EINPresswire.com/ — NPMC, a diversified company founded by Dr. Gautam Arora focused on synergistic acquisitions in critical, fast-growing sectors, acquired a majority stake in medical supplies company GNG. GNG’s primary revenue drivers focus on providing globally sourced heavy duty consumable medical supplies. These include hygiene products, syringes, dressings and sterilization equipment.

Among other elements, the acquisition of GNG brings immediate revenues to NPMC, a high level of operational profitability and an order book of 1.8 Cr for 2021. The company is also engaged in other sales of personal care products. related healthcare and in the development of products that could bear considerable fruit in future quarters.

GNG Medical supply is currently on track to generate revenue of 2.7 Cr in 2022 and is targeting revenue of 3.6 Cr in 2023. In comparison, in 2020 the company generated revenue of 86 Lakhs with an EBITDA of 32.8 Lakhs. Dr. Gautam Arora, MD, CEO, of NPMC commented, “The acquisition of GNG’s medical supply business further strengthens our revenue estimate of Cr3.6 for FY2023. The acquisition provides NPMC a channel to leverage its existing relationships in the medical supply chain to increase GNG’s medical revenue. and global supply chain footprint.”

GNG Medical Supply Background:
Mr. Gavin Kumar founded GNG Medical Supply in 2017 as a sole proprietorship before incorporating in 2019. The company provides the market with globally sourced medical supply products. In addition, it is a financial partner at all stages of enterprise and post-enterprise, private and public – partnership in the sector of biotechnology and sustainable medical equipment.

About NPMC
NPMC started as a clinical practice and is now a diversified company focusing on acquisitions in the following sectors: Healthcare and real estate. NPMC is an acquisition-driven company. The company’s strategy is to acquire majority stakes in undervalued companies and play an active role in improving their performance – accelerating their growth by providing them with both access to capital and management expertise. .

Gautam Arora
NPMC Neurology and Pain Management Clinic
+91 85951 68656
write to us here

Tags : medical suppliessupply chain
Joan J. Dean

The author Joan J. Dean