Abu Dhabi – Mubasher: PureHealth has completed its acquisition of Circle Health Group, the UK’s largest independent operators of hospitals, according to a press release.
Valued at nearly $1.20 billion before debt, the transaction boosts PureHealth’s position in the healthcare sector in line with its 2024 global expansion strategy.
The deal, which was first announced in August 2023, also fosters the UAE’s objectives to reinforce well-being and enhance healthcare services by adopting the most advanced clinical practices.
Hamad Al Hammadi, Chairman of PureHealth, commented: “This remarkable achievement epitomises PureHealth's operational excellence and strategic adaptability in broadening its international impact.”
“After investing in Ardent Health USA, this is PureHealth’s second international acquisition and we look forward to building our portfolio internationally,” Al Hammadi continued.
Farhan Malik, Managing Director of PureHealth, said: “This acquisition is more than an expansion; it's a significant stride towards establishing PureHealth as a global healthcare platform.”
Last December, PureHealth started floating its shares on the Abu Dhabi Securities Exchange (ADX) to solidify its position among the world’s leading healthcare groups.
