PureHealth Expands Global Presence with EUR 800 Million Purchase of Hellenic Healthcare Group

PureHealth Expands Global Presence

In a notable development, PureHealth Holding PJSC, the largest healthcare group in the Middle East, has announced the completion of the acquisition of a 60% stake in Hellenic Healthcare Group (HHG). This acquisition, amounting to EUR 800 million, marks a significant step in PureHealth's evolution toward establishing a global healthcare network fueled by innovation and access.

Strengthening Healthcare Access

The integration of HHG's 11 hospitals and 23 diagnostic centers allows PureHealth to provide healthcare services to over 1.4 million patients every year. This move not only increases the scale of operations for PureHealth but also enhances the healthcare landscape of Greece and Cyprus, underpinning Abu Dhabi's ambition to become a major global healthcare hub.

H.E. Kamal Al Maazmi, the Chairman of PureHealth, emphasized the importance of this acquisition in their broader strategy, highlighting how the deal exemplifies their capability in executing complex transactions in mature markets. With this step, PureHealth continues to show its commitment to expanding through acquisitions that bolster its position and improve patient care.

A Vision for the Future

As part of this acquisition, PureHealth aims to incorporate cutting-edge technology and advanced healthcare practices into HHG's operations. Shaista Asif, CEO of PureHealth, expressed optimism that combining resources, expertise, and innovative practices across the network will substantially elevate patient outcomes. By focusing on AI and technological solutions, PureHealth is driven to transform healthcare delivery, ensuring quality and accessibility.

Recent International Expansions

The acquisition of HHG is in line with PureHealth's recent international growth strategy. Previously, the group acquired Circle Health Group, the largest independent hospital operator in the UK, for USD 1.2 billion in 2024 and invested USD 500 million in Ardent Health Services in the United States. These acquisitions reflect PureHealth's disciplined approach in selecting high-quality assets across various geographical markets.

Collaborative Growth

Following the transaction, CVC Capital Partners and HHG management will retain a 40% stake in HHG, ensuring a seamless transition and continued collaboration. Alex Fotakidis, Partner at CVC, highlighted that the partnership will capitalize on PureHealth's international expertise and HHG's established presence in Southern Europe, reinforcing the shared objective of excellence in healthcare.

Looking Ahead

This acquisition signifies more than just an expansion; it symbolizes PureHealth’s commitment to revolutionizing the healthcare sector by leveraging advanced technology and creating synergies across its networks. By enhancing patient care and broadening access to quality healthcare, PureHealth continues to set benchmarks in the industry.

In conclusion, PureHealth’s strategic acquisition of Hellenic Healthcare Group illustrates the group’s focused initiative to build a globally connected healthcare solution, thereby redefining the future of patient-centered healthcare across borders. As this integration progresses, stakeholders can anticipate notable improvements in healthcare delivery through innovative practices and shared expertise.