QMS MEDICAL ALLIED SERVICES TO ACQUIRE BEAMOPTICS SCIENTIFIC - A PUNE-BASED DIAGNOSTICS AND ANALYTICAL DEEP-TECH COMPANY

• The acquisition will strengthen the product business of QMS • As part of its value creation strategy, QMS has decided to demerge its services business into its wholly-owned subsidiary, Saarathi Healthcare and has joined hands with PE-funded player Health Care at Home (HCAH) to merge its Patient Services Program portfolio • The product business will continue to be operational under QMS Medical Allied Services • QMS recently also signed an exclusive five-year agreement with German company HEINE Optotechnik, as a sole distributor in India for its wide range of primary diagnostic instruments • QMS Medical Allied Services Limited signed a Memorandum of Understanding to acquire 100% equity shares of BeamOptics Scientific Private Limited

QMS Medical Allied Services Limited

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