Q&M Dental enters MoU to acquire 25% of Guangdong Delun Medical shares
The proposed investment will expand its business to Southern PRC.
Q&M Dental Group has entered into a non-binding memorandum of understanding with Guangdong Delun Medical to acquire 25% of the total issued share capital of Delun.
Delun focuses on oral medical chain services and currently comprises one dental hospital, 28 directly managed chain outpatient clinics, and with a 35,000-square-meter area.
Q&M said the proposed investment presents an opportunity to expand its business in the Southern part of the People’s Republic of China.