DaVita Pushing International Expansion Plans

By: Leon Castles on Wednesday, May 23, 20120 Comments

Although, Denver based DaVita has not been making much profit for the last two business quarters they are still focusing on how they can improve their business internationally. The company said that they are currently focusing on international expansion plans and they are ready to handle the losses that they have made. DaVita’s CEO, Kent Thiry said that although it sounds funny but the initiatives will pay them great rewards later on when they have many kidney dialysis centers across the globe. DaVita said that now they have 15 international kidney dialysis centers and they have their presence in Germany, India, China, Singapore and Saudi Arabia.

In the last few months, DaVita has been making joint venture deals or have been acquiring many local companies that can allow them to expand their services internationally. Since November 2011 they have already acquired four companies. CEO, Kent Thiry said that they will not stop at this because they are looking forward to many other countries where they can expand their kidney dialysis services. Just a few days ago, DaVita bought HealthCare Partners for $4.42 billion that operates in three different states in the North America. Last month they managed to acquire Lehbi Care which is a local kidney care company. The company has also entered a joint venture with 3SBio Inc in China and has bought NephroLife in Bangalore, India. DaVita has also acquired ExtraCorp AG that owns two German dialysis centers.

About the Author
Leon Castles

Leon Castles is a writer and editor for ChamberofCommerce.com. Leon covers all things business, but specializes in small business marketing strategies, sales & marketing and management.

 

Maximize Your Exposure on the Web

Article Comments

Minimize
Top Contributors
  • Andrea Parker - Infusionsoft
  • Dan Schawbel - Personal Branding Blog
  • Erica Bell - Business.com
  • Lena L. West  - Influence Expansion
  • Liz Walton - Yext
  • Megan Totka - ChamberofCommerce.com
  • Stacey Acevero - Vocus, PRWeb, iContact
Nearby Cities
Follow Us
Get Our Top Stories of the Week
BROWSE ARTICLES BY CATEGORY