UAE - Mubasher: ADQ, an Abu Dhabi-based holding company, has entered into an agreement to merge its healthcare support services entities, Rafed and Union71, within Pure Health, an integrated healthcare solutions provider in the UAE.

Under the agreement, ADQ will transfer its stake in Rafed and Union71 to Pure Health in exchange for holding a stake in the healthcare solutions provider, according to a press release on Monday.

Subject to customary closing conditions, the transaction will form a strong and synergetic healthcare organisation and boost the UAE's global position in the healthcare field.

The CEO of ADQ, Mohamed Hassan Alsuwaidi, said: "By merging Rafed and Union71 within Pure Health, we continue advancing ADQ’s strategy to grow a provision-centred healthcare and pharma cluster that delivers clinical excellence, optimal healthcare system spend, and effective population health management in the UAE."

The CEO of Pure Health, Farhan Malik, commented: "As an established lab operator, and now a trusted healthcare partner in hospital management, we are pleased and excited to be broadening our services portfolio under the new merger with Rafed and Union71."