PureHealth, an Abu Dhabi based holding company and the largest healthcare platform in the Middle East, has announced its $1.2 billion acquisition of Circle Health Group, “the U.K.’s largest independent operators of hospitals”.
Circle Health Group becomes the latest addition to a range of healthcare providers that make up PureHealth companies, with PureHealth commenting that “this acquisition underlines PureHealth’s commitment to delivering world-class medical care to patients globally, as well as developing new clinical care pathways made up of the best healthcare providers to meet patient needs”.
This acquisition marks PureHealth’s first entry into the UK, and forms part of PureHealth’s “global expansion programme”, with patients in the UAE and the UK set to benefit from “the diversity of choice in healthcare provision, expanded network of medical professionals and expertise combined with knowledge sharing that will be developed”.
PureHealth will gain 100 percent of Circle Health Group’s portfolio, which includes specialties such as orthopaedics, oncology, cardiothoracic surgery, ophthalmology, neurosurgery and general surgery, as well as the “new state-of-the-art hospitals” that Circle Health Group has recently focused on building, including “the UK’s first purpose-built state-of-the-art rehabilitation hospital”.
Farhan Malik, managing director and group chief executive officer of PureHealth, said: “We are delighted to welcome Circle Health Group into the PureHealth family. This acquisition marks an important milestone in our journey towards creating a global healthcare network which revolutionizes patient care. Our mission at PureHealth is to drive scientific innovation to unlock longevity and greater quality of life for humankind. Through integrating the expertise of both organisations, we positively impact the lives of patients globally. PureHealth, as the region’s largest healthcare group, is well-positioned to make significant contributions to the improvement of healthcare systems and access to world-class medical services in the UAE and beyond.”