Stories
Romsons Group Partners with Temasek for Strategic Minority Investment
- •Indian medical devices and hygiene products company Romsons Group has completed a strategic private equity transaction with Singapore-based investment firm Temasek, which acquired a minority stake.
- •The partnership aims to expand Romsons' operations, strengthen its product portfolio, and explore opportunities in domestic and international markets.
- •Temasek's global experience and long-term investment perspective will complement Romsons' established healthcare platform and operating capabilities.
- •The collaboration will emphasize governance, institutional processes, and disciplined execution as Romsons scales up.
- •Romsons, founded in 1952, is present in over 80 countries with a wide range of medical and surgical devices.
Key Questions Answered
Singapore-based investment firm Temasek has acquired a minority stake in Indian medical devices maker Romsons Group through a strategic private equity transaction. While the exact financial terms of the deal were not disclosed, reports indicated that the talks involved a 15-20 percent minority stake at a valuation of around $1 billion. The partnership aims to combine Romsons' established healthcare platform with Temasek's global experience to support future expansion.
Romsons Group was set up in 1952 by Ram Lal Khanna in Amritsar, India, initially under the name Romsons Scientific and Surgical Industries with an initial capital of Rs 10,000. Led by late Ram Lal Khanna and his sons, the family-run enterprise initially manufactured scientific and laboratory equipment before pioneering disposable medical and surgical devices in India.
Following its strategic partnership with Temasek, Romsons plans to expand its operations, strengthen its product portfolio, and deepen its presence across domestic and international markets. The company also intends to place greater emphasis on governance, institutional processes, and disciplined execution, while assessing the possibility of accessing public markets at an appropriate time.
