Amanat Holdings PJSC (DFM: AMANAT) announced that it has acquired an additional approximately 3% stake in Cambridge Health Group (CHG) from an existing minority shareholder, increasing its ownership in the healthcare operator from approximately 87% to 90%.
According to the company, the acquisition reflects Amanat’s confidence in CHG’s business model, long-term growth prospects and its commitment to scaling existing operating businesses through disciplined capital deployment.
The transaction comes following strong financial performance from CHG, which reported:
• FY2025 revenue of AED 404 million, up 11% year-on-year
• FY2025 EBITDA of AED 100 million, up 14% year-on-year
• Q1 2026 revenue growth of 27%
• Q1 2026 EBITDA growth of 49%
• Q1 2026 profit growth of six times year-on-year
Amanat highlighted that demand for post-acute and rehabilitative healthcare services across the GCC continues to benefit from demographic trends, increasing healthcare specialisation and ongoing investment in healthcare infrastructure across the region.
The acquisition also builds on more than AED 500 million of strategic investment deployed across the Cambridge Health Group network to date, primarily in Saudi Arabia. Key developments include:
• Cambridge Hospital Khobar – 150-bed long-term care and rehabilitation facility opened in November 2024
• Cambridge Hospital Jeddah – expanded to 200 beds, with a further 70-bed expansion currently underway
• Cambridge Hospital Dhahran – expanded from 60 beds to 70 beds, with additional capacity under licensing
• Cambridge Hospital Abu Dhabi – refurbishment and expansion completed
• Cambridge Hospital Al Ain – ongoing refurbishment and upgrade program
Across its network, CHG currently operates:
• 715 beds
• 6 healthcare facilities across the UAE and Saudi Arabia
• More than 1,200 healthcare professionals
Looking ahead, CHG is targeting capacity expansion to more than 1,000 beds through a combination of organic growth initiatives, greenfield and brownfield developments, and strategic acquisitions. The group is also expanding its service offerings through the introduction of additional outpatient and surgical capabilities.
John Ireland, Chief Executive Officer of Amanat Holdings, stated that CHG is well positioned for its next stage of development and that the transaction reinforces Amanat’s long-term commitment to building a leading post-acute care platform across the GCC.
Source: Dubai Financial Market (DFM) Disclosure / Amanat Holdings PJSC
Disclaimer: This post is for informational purposes only and should not be considered investment or financial advice.