Dubai Investments Acquires 34.3% of GFP
The deal is valued at $60 million.
Dubai Investments has acquired a 34.3% equity stake in Global Fertility Partners (GFP), a network of fertility and reproductive genetics centers spanning the Middle East, Dubai Investments revealed in a press release.[1]
The deal is valued at $60 million.
The construction of GFP's flagship facility in Riyadh is underway, set to commence operations later this year. This facility is for fertility care and reproductive genetics.
Furthermore, GFP is slated to develop a series of women's health centers, along with a network of satellite clinics across the Kingdom of Saudi Arabia and the UAE. Construction is expected to commence in the coming months.
In addition to its expansion plans, GFP has identified a pipeline of potential targets for acquisition, propelling its growth trajectory.
