Recently, DaVita® - the dialysis division of
DaVita HealthCare Partners Inc.
) - acquired a majority ownership in Columbia-based Esensa S.A.S.
This marks the company's first venture into Latin America.
Through this acquisition, DaVita has become the majority owner
of 7 clinics in Bogota, Cali, Medellin and Barranquilla. These
clinics have a client base of about 1,500 patients.
Esensa is the largest independent renal services provider in
Colombia. Its association with DaVita through this agreement is
expected to enhance the quality of health care services provided
to patients and help to improve the Columbian health system.
Following this foray into Latin America, DaVita intends to
expand its operations in these cities and penetrate other
Columbian cities as well through Esensa. The companies will focus
on maintaining the service quality for which Esensa is
DaVita is slowly expanding in the international markets. In
Jan 2013, it acquired 5 dialysis centers in Portugal and 4 in
Poland from rival Fresenius Medical Care. In the same month, the
company also entered Taiwan through a joint venture with Riches
Healthcare to form DaVita Taiwan. Additionally, in Dec 2012, it
acquired one and opened two dialysis centers in Malaysia.
Over the past year, DaVita has expanded its global reach
through significant acquisitions and alliances in the rapidly
developing economies of Saudi Arabia, China, India and Germany,
among others. The company also seeks to expand its presence in
Europe and has been looking for acquisition and partnership
opportunities in all major European and Asian countries.
DaVita currently carries a Zacks Rank #3 (Hold). Other
healthcare companies worth considering are
Addus HomeCare Corporation
) - Zacks Rank #1 (Strong Buy),
) - Zacks Rank #2 (Buy), and
) - Zacks Rank #2 (Buy).
DAVITA INC (DVA): Free Stock Analysis Report
To read this article on Zacks.com click here.