Abu Dhabi-based healthcare company purchases 80% stake in the Dubai-based Advanced Care Oncology Center for $25mn
Healthcare acquisition
Latest in Healthcare acquisition
Abu Dhabi
Mubadala acquires majority stakes in global medical supply chain, Al Ittihad Drug Store
The strategic acquisition enhances Mubadala’s presence in the healthcare logistics and pharmaceutical distribution sectors
Amanat
Amanat announces merger of Sukoon International with Cambridge Medical & Rehabilitation Center
The merger entity is billed as the largest pan-GCC post-acute care platform
Abu Dhabi
Abu Dhabi’s IHC acquires 15 percent stake in Burjeel
The acquisition will help scale and diversify IHC’s investment in the healthcare sector locally and regionally, IHC said
acquisitions
Saudi Arabia’s Dammam Valley-led consortium acquires majority stake in German genome testing company Arcensus GmbH
Under the terms of the agreement, Dammam Valley, along with other investors, will make a double-digit million Euro payment on a fully diluted basis
Almeswak Dental Clinics
Dubai investor close to $600m Saudi dental clinics deal
Gulf Islamic Investments LLC., also known as GII, is set to buy the 70 percent stake owned by private equity firm Jadwa Investment Co. in Almeswak Dental Clinics
Bourn Hall Fertility Centre
Mediclinic Middle East completes buy-out of Bourn Hall Fertility Centre
The move, which was announced on Sunday, comes following an initial acquisition of 30 percent of the shares in December 2018
acquisitions
CBC-led consortium buys Bain’s Hugel stake for $1.5bn
The acquisition is healthcare buyout fund CBC’s first move into the medical aesthetics sector
acquisition
UAE-based Foundations Holding inks deal to acquire majority stake in Saudi healthcare firm
The healthcare and education investment firm plans to invest $67m in the kingdom’s primary healthcare sector, almost half of which was spent on the Shifa Al Munthaza Polyclinic deal
Gulf Capital
Abu Dhabi private equity firm buys two US healthtech companies
Gulf Capital has bought majority stakes in Eclat Health and Hansei Solutions for $60m
Amanat Holdings
Amanat acquires Cambridge Medical and Rehabilitation Centre in $232m deal
GCC’s largest healthcare and education investment company, said the transaction was funded through a combination of cash on hand and leverage
Alameda Healthcare
Cleopatra Hospital to acquire Alameda Health’s Egypt assets
Investor appetite for health-care assets in the Middle East and Africa has grown in recent years due to the region’s increasing population and a shortage of public services
