ComfortDelGro buys Australian patient transport firm for $30.2m
The firm has 144 fleets serving in three Australian locations.
ComfortDelGro is expanding into the non-emergency patient transportation business through a $30.2m (A$30m) acquisition of National Patient Transport Pty Ltd (NPT) in Australia. According to an announcement, NPT is one of the largest private providers of non-emergency patient transport services in Australia.
NPT currently has a fleet of 144 vehicles and is operating in Victoria, New South Wales, and Western Australia. It offers a range of healthcare transport services to major metropolitan hospital networks including walker, hoist and stretcher transport services and specialist services for high acuity and complex patients.
“NPT also operates a registered training organisation that is qualified to deliver and assess a range of non-emergency healthcare transport, first aid and resuscitation courses in Australia,” ComfortDelGro said.
The acquisition is subject to regulatory approval.
ComfortDelGro managing director and group CEO Yang Ban Seng said, “This is an exciting opportunity for us to expand into an adjacent area of land transport services. It enables us to leverage on our core capabilities in contract, fleet and manpower management whilst broadening our breadth of skills. The non-emergency patient transport business is experiencing strong growth and one that shows great potential with ageing populations in much of the developed world. With this acquisition, we will be able to use our newly acquired skills set to explore similar opportunities in other geographies.”