Competition Commission of India press release · 11 March 2026 · pibtracker filter

CCI approves acquisition of a certain stake in Curefit Healthcare (Target) by MacRitchie Investments Pte. Ltd. (Acquirer)

PRID2238086 MinistryCompetition Commission of India Released Reading6 min

Posted On: 11 MAR 2026 1:57PM by PIB Delhi The Competition Commission of India (CCI) has approved the acquisition of a certain stake in Curefit Healthcare Private Limited (Target) by MacRitchie Investments Pte. Ltd. (Acquirer). The Proposed Combination relates to the additional acquisition of a certain stake by the Acquirer in the Target, in order to supplement the Target’s capital requirements in the fitness sector The Acquirer is an investment company and does not engage in any business operation other than holding investments. It is an indirect wholly owned subsidiary of Temasek Holdings (Private) Limited ( Temasek ). Temasek’s portfolio companies cover a broad spectrum of industries: Transportation; Financial Services; Telecommunications; Media & Technology; Consumer & Real Estate; as well as Life Sciences & Agri-Food. The Target is the ultimate parent entity of the Curefit Healthcare Group ( Target Group ). The Target Group is primarily present in the fitness sector and engages in, inter alia , the sale of fitness management programmes, fitness centre memberships, operation and franchising of fitness centres, and the sale of fitness apparel, footwear, and accessories, in India. Detailed order of the Commission will follow. ***** NB/ONP (Release ID: 2238086) Visitor Counter : 510 Read this release in: Urdu , हिन्दी , Tamil Competition Commission of India CCI approves acquisition of a certain stake in Curefit Healthcare (Target) by MacRitchie Investments Pte. Ltd. (Acquirer) Posted On: 11 MAR 2026 1:57PM by PIB Delhi The Competition Commission of India (CCI) has approved the acquisition of a certain stake in Curefit Healthcare Private Limited (Target) by MacRitchie Investments Pte. Ltd. (Acquirer). The Proposed Combination relates to the additional acquisition of a certain stake by the Acquirer in the Target, in order to supplement the Target’s capital requirements in the fitness sector The Acquirer is an investment company and does not engage in any business operation other than holding investments. It is an indirect wholly owned subsidiary of Temasek Holdings (Private) Limited ( Temasek ). Temasek’s portfolio companies cover a broad spectrum of industries: Transportation; Financial Services; Telecommunications; Media & Technology; Consumer & Real Estate; as well as Life Sciences & Agri-Food. The Target is the ultimate parent entity of the Curefit Healthcare Group ( Target Group ). The Target Group is primarily present in the fitness sector and engages in, inter alia , the sale of fitness management programmes, fitness centre memberships, operation and franchising of fitness centres, and the sale of fitness apparel, footwear, and accessories, in India. Detailed order of the Commission will follow. ***** NB/ONP (Release ID: 2238086) <span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px"><span style="color:black">The Competition Commission of India (CCI) has approved the acquisition of a certain stake in Curefit Healthcare Private Limited (Target) by MacRitchie Investments Pte. Ltd. (Acquirer).</span></span></span></p> <p style="text-align:justify"><span style="color:black; font-family:"Times New Roman",Times,serif; font-size:16px">The Proposed Combination relates to the additional acquisition of a certain stake by the Acquirer in the Target, in order to supplement the Target’s capital requirements in the fitness sector</span></p> <p style="text-align:justify"><span style="color:black; font-family:"Times New Roman",Times,serif; font-size:16px">The Acquirer is an investment company and does not engage in any business operation other than holding investments. It is an indirect wholly owned subsidiary of Temasek Holdings (Private) Limited (</span><strong style="color:black; font-family:"Times New Roman",Times,serif; font-size:16px">Temasek</strong><span style="color:black; font-family:"Times New Roman",Times,serif; font-size:16px">). Temasek’s portfolio companies cover a broad spectrum of industries: Transportation; Financial Services; Telecommunications; Media &amp; Technology; Consumer &amp; Real Estate; as well as Life Sciences &amp; Agri-Food.</span></p> <p style="text-align:justify"><span style="color:black; font-family:"Times New Roman",Times,serif; font-size:16px">The Target is the ultimate parent entity of the Curefit Healthcare Group (</span><strong style="color:black; font-family:"Times New Roman",Times,serif; font-size:16px">Target Group</strong><span style="color:black; font-family:"Times New Roman",Times,serif; font-size:16px">). The Target Group is primarily present in the fitness sector and engages in, </span><em style="color:black; font-family:"Times New Roman",Times,serif; font-size:16px">inter alia</em><span style="color:black; font-family:"Times New Roman",Times,serif; font-size:16px">, the sale of fitness management programmes, fitness centre memberships, operation and franchising of fitness centres, and the sale of fitness apparel, footwear, and accessories, in India.</span></p> <p style="text-align:justify"><span style="color:black; font-family:"Times New Roman",Times,serif; font-size:16px">Detailed order of the Commission will follow.</span></p> <p style="text-align:center"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px">*****</span></span></p> <p style="text-align:justify"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px"><strong>NB/ONP</strong></span></span></p> " /> var mPlayer = document.getElementById("background_music"); var mPlayAction = document.getElementById("playbutton"); 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