Engineering and construction major Larsen & Toubro on Friday said it was selling its medical equipment business based at Mysore to Skanray Healthcare.
However, the company did not disclose the financial details of the transaction.
“L&T has agreed to sell its medical equipment business based at Mysore to Skanray Healthcare Pvt. Ltd.,” according to a filing to the Bombay Stock Exchange.
Skanray Healthcare is fully-owned by the founders and investors of Skanray Technologies, which is engaged in the business of diagnostic imaging products and primary healthcare devices.
Its product range includes high frequency X-ray generators, X-ray imaging systems, critical care devices and industrial X-ray imaging.