UAE’s PureHealth acquiring 60% of Hellenic Healthcare
Abu Dhabi’s PureHealth Holding, owned by Abu Dhabi sovereign wealth fund ADQ, has agreed to acquire a 60% stake in Hellenic Healthcare Group, controlled by Jersey-based CVC Capital Partners and operating 10 hospitals and 16 diagnostic centers across Greece and Cyprus.
This strategic investment is part of a broader effort by the UAE to diversify its economy and reduce its reliance on the petroleum sector, with the medical sector being a key part of this strategy.
Under the agreement, CVC Capital Partners will maintain a 35% stake in Hellenic Healthcare, while the health group’s founder, Dimitris Spyridis, will retain the remaining 5% stake.
Hellenic Healthcare Group’s 10 hospitals, offering over 1,600 rooms, include several highly regarded private hospitals in Athens, such as Hygeia, Metropolitan Hospital, Metropolitan General, Mitera, and Lito.
In 2023, PureHealth Holding, expanded its international presence in the medical field by acquiring UK medical group Circle Health Group and also securing a minority stake in US group Ardent Health Services.
