Burjeel Holding Group announced the acquisition of a 100% stake in Al Mukhassas Physiotherapy Center, a health care facility located in the Holy City of Mecca, through its subsidiary, Burjeel Saudi Arabia, with a total investment value of 6.5 million riyals.
Yesterday’s statement stated that this acquisition is in line with Burjeel’s strategy to expand its presence in Saudi Arabia and enhance its capabilities to provide physical therapy and rehabilitation services on a global level. According to the statement, the center was established in 2017, and over the past two years it has witnessed remarkable growth, as its revenues multiplied 2.1 times between 2021 and 2023 to reach 3.8 million riyals, which reflects its operational efficiency.
Burjeel Holding Group CEO, John Sunil, said that this strategic acquisition reflects the group’s commitment to enhancing access to world-class healthcare services throughout Saudi Arabia.
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