PureHealth Completes €800M Acquisition of Majority Stake in Hellenic Healthcare Group

PureHealth Holding PJSC, the largest healthcare group in the Middle East, announced the successful completion of the acquisition of its 60% stake in Hellenic Healthcare Group (HHG), Greece and Cyprus's leading private healthcare provider, for a total consideration of EUR 800 million. The transaction implies a 100% equity valuation of EUR 1.3 billion for HHG and marks a significant milestone in PureHealth's strategy to build a globally connected, innovation-driven healthcare platform from its base in Abu Dhabi.

Through the integration of HHG's 11 hospitals and 23 diagnostic centres, PureHealth will expand access to healthcare services for more than 1.4 million patients annually. With over 6,900 healthcare professionals, HHG now becomes an integral part of PureHealth's international ecosystem, reinforcing Abu Dhabi's position as a global hub for healthcare excellence and investment.

A closing signing ceremony was held in Greece, attended by H.E. Kyriakos Pierrakakis, Minister of National Economy and Finance of Greece; H.E. Adonis Georgiadis, Minister of Health of the Hellenic Republic; H.E. Dr Ali Obaid Ali Alyabhouni Aldhaheri, Ambassador of the United Arab Emirates to the Hellenic Republic; along with senior leaders from PureHealth, CVC Capital Partners and HHG.

H.E. Kamal Al Maazmi, Chairman of PureHealth, said: "Finalising 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. With HHG, we are now expanding into new geographies, facilitating knowledge exchange, and fostering innovation that will enhance patient outcomes across our network. Importantly, this acquisition has been completed using PureHealth's strong balance sheet, and we expect to recognise the financial upside from October 1, 2025."

Shaista Asif, Group Chief Executive Officer of PureHealth, added: "Welcoming HHG into the Group accelerates our vision of delivering advanced, patient-centred healthcare across borders. This transaction strengthens medical expertise, broadens access to quality care, and diversifies revenues across mature geographies and currencies. It underscores our long-term commitment to value creation for patients, communities, and our shareholders. Central to PureHealth's ambition is the power of AI and our expanding digital footprint, which enable us to transform healthcare delivery on a global scale. Being able to rely on best-in-class talent, from doctors and scientists to cutting-edge technology, across our global network gives us the edge as we build synergies and innovate across our platform."