Business

Burjeel Acquires Specialist Physiotherapy Centre in Makkah

Expanding its regional presence, Burjeel Holdings, a leading super-specialty healthcare provider in the MENA region and listed on the Abu Dhabi Securities Exchange (ADX), on Tuesday said that it has acquired 100% stake in the Specialist Physiotherapy Centre, a premier healthcare facility in Makkah, through its subsidiary, Burjeel Saudi Arabia.

With a total investment value of $1.73 million, this acquisition aligns with Burjeel’s strategy to broaden its footprint in Saudi Arabia to enhance its capabilities to deliver world-class physiotherapy and rehabilitation services.

Strategically located in Makkah, the Centre is positioned to cater to the needs of Umrah and Hajj pilgrims, with hotel physiotherapy offerings designed to support the needs of both tourists and pilgrims.

The Centre was founded in 2017 and is known for its advanced treatments, expert team, and exceptional patient care, Burjeel Holdings said in a regulatory filing this morning.

Over the past two years, the Centre has demonstrated strong growth, achieving a 2.1x increase in revenue to $1.01 million from 2021 to 2023, reflecting strong patient demand and operational efficiency.

With an experienced team of 17 highly qualified physiotherapists, the centre specializes in sports injuries, paediatric care, and post-surgical rehabilitation. The centre features state-of-the-art facilities, including high intensity electromagnetic therapy, cryotherapy, laser treatments, and a standalone gym, yoga studio, and an educational Centre.

The Centre presents a valuable opportunity to strengthen Burjeel’s brand presence in this key market, as Makkah attracts millions of pilgrims annually. The Centre has formed strategic partnerships with organisations such as the Makkah Islamic Authority, the Saudi Federation for Soccer, and the National Guard.

It is also actively involved in partnerships with sports academies, medical organisations, and local charities to promote health and wellness.

Supporting Kingdom’s Medical Tourism

Burjeel Holdings CEO John Sunil said that this acquisition reflected their commitment to enhance access to world-class healthcare services across Saudi Arabia.

“With Makkah’s status as a primary destination for pilgrims, integrating the Specialist Physiotherapy Centre into our network not only enhances our offerings in physiotherapy and rehabilitation but also supports our broader vision to serve both local and international patients and support the Kingdom’s medical tourism ambitions,” he said.

This Specialist Physiotherapy Centre will be integrated into Burjeel’s PhysioTherabia network, the fastest-growing and largest physiotherapy and wellness network in the Kingdom. In the coming months, the focus will be on expanding the Centre’s services and building on existing partnerships. The Group plans to activate new programs, including paediatric and neuro rehabilitation services, and introduce advanced technologies like cryo chamber and the David System for physiotherapy. The acquisition also aligns with the Group’s broader objective to contribute to the Kingdom’s Vision 2030 by supporting the healthcare sector’s growth and enhancing its global competitiveness.

Founded in 2007, Burjeel Holdings operates a growing specialised healthcare segment in Saudi Arabia. The Group operates an integrated and multi-brand healthcare ecosystem across primary, secondary, tertiary, and quaternary medical care, ensuring complex care delivery to patients across all socioeconomic groups.

Its network comprises 97 assets across the UAE, Oman, and Saudi Arabia, including 19 hospitals, 27 medical centres, 28 physiotherapy and wellness centres, 15 pharmacies, and other allied services.

Global Business Magazine

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