M42 and Olive Rock agree ownership of UAE health assets
Esme Needham | November 20, 2025 | News story | Business Services | M42, Olive Rock, UAE health assets
Global health company M42 and private equity firm Olive Rock Partners (ORP) have signed an agreement that will see the companies exchange ownership of various UAE health assets.
Under the agreement, M42 will gain full ownership of United Eastern Medical Services (UEMS), a UAE healthcare provider that includes Danat Al Emarat hospital, Moorfields Eye Hospital Abu Dhabi, HealthPlus Family Health, HealthPlus Diabetes and Endocrinology and HealthPlus Diabetes Pharmacy.
ORP will gain full ownership of HealthPlus IVF and Women’s Health Abu Dhabi, with its pharmacy and genetics laboratory included in the deal.
The agreement is mutually beneficial for the aims of both companies. M42, which focuses on the intersection between AI, technology and genomics, will strengthen its UAE portfolio through the acquisition of UEMS. The acquisition will also allow M42 to deliver results across the UAE’s healthcare sector at a new and expanded scale.
Dimitris Moulavasilis, group CEO of M42, said: “This strategic realignment is a purposeful step in M42’s growth journey. It simplifies our structure, strengthens alignment across our care delivery assets and enhances integration for elevated system-level performance.”
For ORP, an investor in mid-sized businesses across key sectors in the Gulf region, assuming ownership of HealthPlus IVF and Women’s Health Abu Dhabi enables dedicated investment in a new healthcare division.
Abdullah Shahin, founding partner at Olive Rock Partners, added: “We see enormous opportunity to advance fertility and women’s health. This step allows us to build on HealthPlus IVF and Women’s Health Abu Dhabi’s strong foundation by investing in clinical excellence, talent and strategic transformation for regional leadership.”
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