Amanat completes buyout of Cambridge Health Group

Amanat Holdings, a Dubai-listed investment company, has taken full ownership of Cambridge Health Group (CHG) after acquiring the remaining 10.03 percent stake in the company for AED105 million ($28.6 million).

The move will accelerate CHG’s expansion to more than 1,000 beds across GCC countries from the current 700, Dubai Financial Market-listed Amanat said in a statement.

The acquisition will add an estimated AED9 million in incremental net profit on an annualised basis, Amanat CEO John Ireland said.

CHG runs six facilities across the UAE and Saudi Arabia, offering post-acute care, rehabilitation, long-term care and home healthcare. It posted an 11 percent year-on-year gain in revenue to AED404 million, with the top line up 27 percent, in the first quarter of 2026.

Amanat has deployed more than AED500 million across the CHG network, primarily in Saudi Arabia. The company’s capital spent and commitments will exceed AED285 million in 2026.

Sheikh Dheyab bin Zayed bin Sultan Al Nahyan is the single-largest shareholder with a stake of more than 18 percent in Amanat, according to DFM data.

The company’s stock closed at AED1.29 on Thursday and has risen 22 percent in the past 12 months.

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