The International Holding Company said it had directly acquired a 15% stake in Burjeel Holding Group, which operates in the private healthcare field.
Abu Dhabi-based Global Holding said, in a statement issued today, Monday, that the acquisition is the largest in the Gulf healthcare sector in recent years.
She indicated that the acquisition aims to continue expanding and diversifying the investments of the International Holding Company in the healthcare sector locally and regionally, which will create a thriving business ecosystem in healthcare services for the benefit of the community and shareholders on a larger scale.
Global Holding CEO Syed Basr Shuaib said: “We continue to see a great opportunity to invest in mission-driven organizations such as Burjeel Holding, and we are very pleased with the progress Burjeel has made in expanding its market positions outside the UAE.
Shuaib added: “There is no doubt that this new acquisition will add significant value to our strong growth platform.
As for the Burjeel Group, it was established in 2007, and is the first private health center in Abu Dhabi that provides world-class, specialized and proficient healthcare services.
The Burjeel Group has undergone rapid organic expansion over the past 15 years and currently has 61 operational assets across the UAE and Oman.
Burjeel has a number of well-established hospitals, 23 medical centers and 15 retail pharmacies under five major brands, and assets with high potential for future growth.
