Highlights
- ADQ to become the largest shareholder in Pure Health to drive a patient centred ecosystem for the nation
ADQ, one of the region’s largest holding companies with a broad portfolio of major enterprises spanning key sectors of Abu Dhabi’s diversified economy, today entered into an agreement to consolidate several companies within Pure Health, creating the largest healthcare provider in the UAE.
As part of the agreement, Abu Dhabi Health Services Company (SEHA), and The National Health Insurance Company PJSC (Daman) will merge into Pure Health. Additionally, Tamouh Healthcare, Yas Clinic Group and Abu Dhabi Stem Cell Center will also become a part of Pure Health, which already has a diversified services portfolio of hospital management, laboratory services, medical supplies and healthcare informatics.
Pure Health’s integrated healthcare ecosystem will significantly contribute to the UAE’s healthcare landscape and deliver on the country’s mission to elevate the health and wellbeing of citizens and residents. Patients will benefit from access to greater clinical expertise and healthcare services across the spectrum of care.
ADQ will become the largest shareholder in Pure Health; other shareholders include Alpha Dhabi Holding, International Holding Company (IHC), AH Capital and Ataa Financial Investments.
The transaction is subject to customary closing conditions, including regulatory approvals.
About ADQ
Established in 2018, ADQ is an active global sovereign investor with a focus on critical infrastructure and supply chains. As a strategic partner to the Government of Abu Dhabi, ADQ invests in the growth of business platforms anchored in the Emirate that deliver value to local communities and long-term financial returns to its shareholder. ADQ’s expanding portfolio has a total book value of USD 225 billion (as at 30 June 2024) and encompasses companies across numerous core sectors of the economy, including energy and utilities, transport and logistics, food and agriculture, and healthcare and life sciences.
For more information, visit adq.ae or write to media@adq.ae. You can also follow ADQ on Instagram, LinkedIn, and X.
Direct to your inbox
ADQ News and Insights delivered directly to your inbox