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Don Agro to shift from farming to cancer treatment with $43.7 million deal; proposes new name UpHealth Group

The Edge Singapore
The Edge Singapore  • 3 min read
Don Agro to shift from farming to cancer treatment with $43.7 million deal; proposes new name UpHealth Group
The enlarged entity will still be led by current executive chairman Evgeny Tugolukov / Photo: Albert Chua of The Edge Singapore
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Don Agro International is set to transform from what was previously a Russian farming company to a healthcare business focusing on cancer treatment.

In a Dec 30 filing, Don Agro announced details for its planned acquisition of a group of healthcare entities for just over 3 billion rubles, equivalent to around $43.7 million.

Among the entities to be acquired by Don Agro are the Euroonco Group, described as a network of expert oncology clinics operating in Moscow, St Petersburg and Krasnodar under the names Euroonco and Uni Clinic.

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