Amanat Holdings, the GCC’s leading listed healthcare and education company, has acquired an additional 10.03 percent stake in Cambridge Health Group (CHG) for $28 million (AED 105 million), completing the full 100 percent acquisition of CHG.
This milestone marks the conclusion of a phased acquisition process, including the 3 percent stake acquired earlier in June 2026, and underscores Amanat’s long-term commitment to scaling the GCC’s pre-eminent post-acute and rehabilitative care business.
The completion of the acquisition reflects Amanat’s conviction in CHG’s business model, management team, and the significant growth opportunity ahead.
According to the statement, the full ownership provides Amanat with the flexibility and alignment to accelerate CHG’s next phase of strategic development, backed by strong financial performance and a clear roadmap to more than 1,000 beds across the GCC.
Dr. Ali Saeed bin Harmal Aldhaheri, Chairman of the Board of Directors, said that, “Completing the full acquisition of Cambridge Health Group marks a defining moment for Amanat and reflects our strategic commitment to one of the most compelling healthcare businesses in the GCC. This acquisition reflects our conviction in the management team, the quality of clinical offering and patient care and the scale of the opportunity ahead.”
“The investment we have made across the network from Khobar to Jeddah, Abu Dhabi to Al Ain is delivering results, and full ownership gives us the platform to further accelerate our growth. We remain deeply committed to supporting CHG’s continued growth and in expanding its position as the leading post-acute care provider across the region,” Dr, Harmal Aldhaheri added.
John Ireland, Chief Executive Officer of Amanat Holdings, noted that, “This is a significant milestone for Amanat, and one that reflects both our confidence in Cambridge Health Group and our commitment to the long-term development of post-acute care across the GCC. With a 715 bed capacity today, a clear pathway to more than 1,000 beds, and strong momentum across both the UAE and Saudi Arabia, CHG is exceptionally well positioned for its next stage of growth.”
“Full ownership allows us to move with greater speed and conviction behind a business that is already outperforming whilst delivering an estimated $2 million (AED 9 million) of incremental net profit attributable to equity shareholders on an annualized basis. Combined with the dividend we returned to shareholders, the Jeddah expansion program, and the broader deployment activity of recent months, this transaction reflects Amanat’s commitment to delivering strong growth and sustainable returns to shareholders,” the Amanat Holdings noted.
