DaVita Inc. (NYSE:DVA) agreed to acquire Dialysis clinic networks in Colombia from Fresenius Medical Care AG (XTRA:FME) on March 5, 2024. The combined deal value for Dialysis clinic networks in Brazil, Colombia, Chile and Ecuador are $300 million. Dialysis clinic networks in Brazil, Colombia, Chile and Ecuador has reported revenue of $401 million in 2023.

As per filing on May 2, 2024 DaVita will make cash payments of approximately $237 million for these acquisitions, subject to certain customary adjustments prior to the closing. The transaction is subject to regulatory approvals in Brazil, Colombia and Ecuador, the transactions represent another milestone in Fresenius Medical Care's portfolio optimization program, with each expected to close throughout 2024.