News
Freshfields advises PureHealth in connection with its acquisition of a majority stake in Hellenic Healthcare Group
Global law firm Freshfields is advising Pure Health Holding PJSC (PureHealth), the largest integrated healthcare network in the United Arab Emirates, on the acquisition of a 60 per cent stake in Hellenic Healthcare Group (HHG), the largest private healthcare provider in Greece and Cyprus. The transaction values HHG at an enterprise value of €2.2bn.
PureHealth is acquiring its 60 per cent stake in HHG from CVC Capital Partners VI and HHG’s CEO and founder, Mr Dimitris Spyridis, who will continue to hold 35 per cent and 5 per cent respectively.
The acquisition aligns with PureHealth’s broader expansion strategy, leveraging its scale and capabilities to consolidate HHG’s position in Greece. With a focus on driving innovation, operational excellence, and patient outcomes, PureHealth aims to set new benchmarks for healthcare delivery across its global network.
The closing of the transaction is subject to regulatory approval.
The Freshfields team was led by partner Rhys Evans, together with senior associate Toby Halford and associates Charlotte Lewczynski and Jack Robb.
Freshfields was supported by its Stronger Together network firms Karatzas & Partners in respect of Greek law advice and Chrysses Demetriades in respect of Cypriot law advice.