PRESSR: Pure Health completes €800 million acquisition of Hellenic Healthcare Group, strengthening its global platform

  • The merger of the Hellenic Healthcare Group's network of 11 hospitals and 23 diagnostic centers will expand access to healthcare services for approximately 1.4 million patients annually.
  • This strategic agreement consolidates Abu Dhabi's position as a global healthcare hub and supports Pure Health's strategy of diversification and long-term growth.

Abu Dhabi : Pure Health Holding Group (“Pure Health” or the “Group”) (listed on the Abu Dhabi Securities Exchange under the symbol: PUREHEALTH ), the largest healthcare group in the Middle East, announced the successful completion of the acquisition of a 60% stake in Hellenic Healthcare Group, a leading private healthcare provider in Greece and Cyprus, for a total consideration of €800 million. This transaction values the entire Hellenic Healthcare Group at €1.3 billion and marks a significant milestone in Pure Health’s journey towards building an interconnected, innovation-led global healthcare network, based out of its headquarters in Abu Dhabi .

The integration of the Hellenic Healthcare Group's network of 11 hospitals and 23 diagnostic centers will enhance Pure Health's international capabilities and expand access to healthcare services to more than 1.4 million patients annually. With a team of over 6,900 healthcare professionals, Hellenic Healthcare will become a pivotal component of Pure Health's growing ecosystem, while also consolidating Abu Dhabi's position as a leading global center of excellence and investment in the healthcare sector .

A final signing ceremony was held in Greece, attended by His Excellency Kyriakos Pierakakis, Minister of Economy and Finance of Greece; His Excellency Adonis Gioiadis, Minister of Health of the Hellenic Republic; His Excellency Dr. Ali Obaid Ali Al Yabhouni Al Dhaheri, Ambassador of the United Arab Emirates to the Hellenic Republic; and senior officials from Pure Health, CVC Capital Partners, and the management of Hellenic Healthcare Group.

On this occasion, His Excellency Kamal Al Mazmi, Chairman of Pure Health, said : “ The completion of this transaction is a pivotal milestone in our journey towards creating an interconnected global healthcare platform. Pure Health has proven its ability to attract and execute opportunities and obtain regulatory approvals in advanced markets, which reflects the group’s strength and international credibility. By acquiring the Hellenic Healthcare Group, we are now expanding into new markets, enabling knowledge sharing, fostering innovation, and positively impacting patient outcomes across our network. Most importantly, this acquisition was made possible thanks to Pure Health’s strong financial solvency, and we expect to see the positive financial impact starting October 1, 2025.

Shaista Asif, CEO of Pure Health Group, said : “ With the addition of Hellenic Healthcare Group to our portfolio, we are accelerating our vision to deliver advanced, patient-centric healthcare that transcends geographic boundaries. This acquisition enhances medical expertise, expands access to high-quality healthcare services, and diversifies revenue streams across advanced markets and multiple currencies. This underscores our unwavering commitment to creating sustainable value for patients, communities, and shareholders alike. At the core of Pure Health’s ambition is the power of artificial intelligence and our growing digital footprint, enabling us to reshape the future of healthcare globally. Leveraging the best talent, from clinicians and scientists to cutting-edge technologies, across our global network gives us a unique competitive advantage as we continue to build integrations and innovate across our platform.”

A strategic approach to global acquisitions:
Pure Health's acquisition of Hellenic Healthcare Group builds on its international expansion in recent years, including the $1.2 billion acquisition of Circle Health in the UK in 2024, the largest independent hospital operator there, and a $500 million investment in Ardent Health Services in the US in 2022, which culminated in its successful public offering on the New York Stock Exchange in 2024. These deals exemplify the group's disciplined approach to acquiring high-quality assets and building a diversified global portfolio spanning multiple markets and currencies.

Alex Fotakidis, Partner and Head of CVC Capital Partners in Greece, commented: “We are proud of the growth we have achieved at Hellenic Healthcare Group, which has now become the leading private healthcare provider in Greece and Cyprus. Our partnership with Pure Health is a tangible testament to the group’s quality, scale, and future expansion potential. We are confident that combining Pure Health’s international expertise with Hellenic Group’s established presence in Southern Europe will deliver sustainable value to our clients, staff, and the healthcare system as a whole.”

Dimitris Spyrides, CEO of Hellenic Healthcare Group, added: “Joining PureHealth is a pivotal moment for the group. Through our joint work, we will accelerate innovation, enhance the quality of healthcare, and consolidate our role as a leading healthcare provider in Greece and Cyprus. PureHealth places great importance on technology, artificial intelligence, and future-oriented healthcare. With this in mind, we will work to integrate best practices not only in clinical practice, but also across the entire technology ecosystem.”

Following the completion of the acquisition, CVC Capital Partners and Hellenic Healthcare Group management will retain a 40% stake in Hellenic Healthcare Group, ensuring business continuity and supporting future growth .

About Pure Health :

Pure Health is the largest healthcare group in the Middle East, powered by an integrated ecosystem focused on longevity and innovating new approaches to improving healthy life expectancy. The group comprises over 110 hospitals, over 316 clinics, multiple diagnostic centers, insurance solutions, pharmacies, health technologies, procurement, investments, and more. By harnessing pioneering innovations in the healthcare sector, Pure Health seeks to push the boundaries of time and open new horizons for all of humanity. By advancing the science of longevity, Pure Health is working towards a new vision for the future of healthcare, starting from the UAE and extending to the rest of the world.

The Pure Health group includes:

  • "SEHA" - one of the largest healthcare networks of hospitals and clinics in the UAE.
  • Health Clinics - Providing comprehensive community healthcare services.
  • National Insurance Company "Daman" - the leading health insurance company in the UAE.
  • Medical Office - Oversees Sheikh Khalifa Hospitals and healthcare facilities established under the initiatives of His Highness the President of the UAE.
  • Rafid - the largest healthcare group procurement organization in the UAE.
  • Purelab - Managing and operating the largest network of laboratories in the region.
  • Ann Health - a sales and support network providing comprehensive medical solutions to a base of more than 300 healthcare providers.
  • The Life Corner - Abu Dhabi's first comprehensive pharmacy serving healthcare facilities.
  • Ardent Healthcare is the fourth largest private healthcare group in the United States.
  • Circle Health Group - the largest independent hospital operator in the UK.
  • Hellenic Healthcare Group - the largest private healthcare provider in Greece and Cyprus
  • Pure CS is a leading cloud and technology services company specializing in cybersecurity, AI information systems, IT, and comprehensive digital services.
  • Sheikh Shakhbout Medical City   The largest healthcare complex in the UAE, providing superior, integrated healthcare.

To learn more, please visit www.purehealth.ae

About CVC

CVC is a leading global private markets manager with a network of 30 offices across Europe, the Middle East, Africa, North America, South America, and Asia, and assets under management of approximately €191 billion. CVC has seven integrated strategies across private equity, secondary investment funds, credit funds, and infrastructure. Through these strategies, CVC funds have raised approximately €240 billion in commitments from the world's leading pension funds and other institutional investors. Funds managed by CVC's private equity strategy invest in or advise approximately 130 companies worldwide, with combined annual sales exceeding €158 billion and employing more than 610,000 people.

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