PureHealth, the largest healthcare platform in the Middle East, has signed an agreement to acquire the UK’s largest independent operators of hospitals, Circle Health Group in a deal valued at $1.2 billion.
This acquisition underlines the UAE company’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.
The acquisition of Circle Health Group is PureHealth’s first entry into the UK. This acquisition forms part of its global expansion program, which includes acquisitions previously completed in the USA, as well as entry into other international markets.
According to the statement, “Circle Health Group joins a roster of world-class healthcare providers that make up PureHealth companies, including SEHA – Abu Dhabi Health Services Company; Daman – Nation Health Insurance Co.; PureLab – which is the Gulf Cooperation Council’s largest lab network; Rafed – Group Procurement Organization; and Abu Dhabi Stem Cells Centre, which leads cutting-edge stem cell research.”
PureHealth aims to invest in scientific innovation and healthcare infrastructure within all its assets, including Circle Health Group, giving access to patients around the world to the best possible medical care with the highest international quality standards, leading them to live longer, healthier, and happier lives, as per the statement.
Mr. Farhan Malik, Managing Director and Group Chief Executive Officer of PureHealth, said that, “This acquisition marks an important milestone in our journey towards creating a global healthcare network which revolutionizes patient care. Our mission is to drive scientific innovation to unlock longevity and greater quality of life for humankind.”
“Through integrating the expertise of both organizations, 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,” Mr. Malik added.