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Post-Paras sale, owner Girish Patel focuses on health care

Life has become even more hectic for the promoter of Ahmedabad-based Paras Pharma, Girish Patel, following the recent acquisition of the company by Reckitt Benckiser, a medium-sized British consumer-goods firm with a strong portfolio of products like Dettol and Harpic.

February 24, 2011 / 18:41 IST
     
     
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    Life has become even more hectic for the promoter of Ahmedabad-based Paras Pharma, Girish Patel, following the recent acquisition of the company by Reckitt Benckiser, a medium-sized British consumer-goods firm with a strong portfolio of products like Dettol and Harpic.

    Patel now shuttles between Paras Pharma's head office in Ahmedabad and the official headquarters of
    Sterling Addlife, a company that Patel started in 2000 with a vision to create another Fortis.

    Fortis is a leading hospital chain run by the billionare Singh Brothers -- Malvinder and Shivinder Singh.

    "Paras' sale is not the end of the journey, but a beginning. From now on, the focus will be on my vision of creating a chain of Sterling hospitals with world-class infrastructure and facilities," Patel told PTI.

    first published: Feb 22, 2011 10:31 am

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