PureHealth Strengthens Global Presence with EUR 800 Million Acquisition of Hellenic Healthcare Group

PureHealth's Strategic Expansion: The Acquisition of Hellenic Healthcare Group

In a major development within the healthcare industry, PureHealth Holding PJSC, the largest healthcare group in the Middle East, has completed the acquisition of a 60% stake in the Hellenic Healthcare Group (HHG) in a deal valued at EUR 800 million. This acquisition not only signifies a pivotal move for PureHealth but also strengthens its foothold in international healthcare markets, particularly in Greece and Cyprus, where HHG reigns as the leading private healthcare provider.

Expanding Healthcare Access

With this acquisition, PureHealth aims to enhance healthcare services to over 1.4 million patients annually. The integration of HHG's resources, which includes 11 hospitals and 23 diagnostic centers, into PureHealth’s already established network will provide a broad spectrum of medical services. This strategic growth is expected to not only improve healthcare outcomes but also ensure better access to quality medical care across regions, demonstrating PureHealth’s commitment to leveraging innovative healthcare solutions.

H.E. Kamal Al Maazmi, the Chairman of PureHealth, emphasized the importance of the acquisition as a part of their goal to build a globally connected healthcare platform. He stated, "Finalizing this transaction is an important milestone in our journey to create a globally connected healthcare platform. PureHealth has demonstrated the ability to source, execute, and secure regulatory approvals in mature markets, reflecting its strengths and international credibility."

The Significance of the Acquisition

This landmark transaction is indicative of Abu Dhabi’s growing role as a global hub for healthcare excellence. It positions PureHealth strategically to diversify its operations and promotes long-term growth, signaling a commitment to innovate within the healthcare landscape. Following the completion of this deal, PureHealth expects to begin recognizing the financial benefits from October 1, 2025.

Shaista Asif, the Group Chief Executive Officer of PureHealth, reinforced the strategic vision of this acquisition, stating that it accelerates their commitment to delivering advanced patient-centric healthcare across borders. "This transaction strengthens medical expertise, broadens access to quality care, and diversifies revenues across mature geographies and currencies," she mentioned, underscoring the company's dedication to value creation for patients and communities.

The infusion of artificial intelligence (AI) and technology into PureHealth’s operations promises to transform healthcare delivery further, aligning with the organization’s ambition to enhance patient care on a global scale.

A Pattern of Disciplined Acquisitions

The acquisition of HHG is following a series of successful international expansions for PureHealth, including a USD 1.2 billion purchase of Circle Health Group, the largest independent hospital operator in the UK, as well as a USD 500 million investment in Ardent Health Services in the US. Each of these investments underscores PureHealth's disciplined strategy of acquiring valuable assets, thus building a diversified global portfolio that navigates through various markets and currencies.

This collaboration with HHG, supported by CVC Capital Partners, is expected to foster significant synergies between the two organizations. Alex Fotakidis, Partner and Head of Greece at CVC, expressed confidence that combining PureHealth's international expertise with HHG's established presence in Southern Europe will deliver lasting value. He stated, "This partnership with PureHealth is a strong endorsement of HHG's quality, scale, and future potential."

Dimitris Spyridis, CEO of HHG, noted that joining forces with PureHealth marks a key milestone for HHG, emphasizing the initiative to innovate and enhance patient care. "Together, we will accelerate innovation, enhance patient care, and strengthen our role as the leading healthcare provider in Greece and Cyprus."

Conclusion

Overall, the acquisition of the Hellenic Healthcare Group by PureHealth not only signifies an essential step in its growth strategy but also supports its mission to enhance healthcare provision across borders. As healthcare continues to evolve into a more interconnected and technology-driven industry, PureHealth's efforts to integrate advanced practices with a focus on patient outcomes position it favorably for future successes in a global setting. By leveraging best-in-class technology and medical expertise throughout its expansive network, PureHealth is set to redefine the future of healthcare for millions around the world.