backDUBAI, United Arab Emirates, Sept. 23, 2015 — King & Spalding advised Al Noor Hospitals Group, the largest private healthcare sector provider in Abu Dhabi, on its planned acquisition of Rochester Wellness, a leading provider of long-term physical, speech and occupational rehabilitation for patients at home and at two inpatient facilities in Dubai, UAE and Muscat, Oman.
Following the deal, Al Noor Hospitals is planning to open a new Rochester Wellness facility in its home market in Abu Dhabi. As of June 2015, Al Noor had 216 operational beds and employs 684 physicians, more than any other private competitor in the region.
“The deal demonstrates an extremely active market in the UAE and across the Middle East for healthcare acquisitions,” said Nabil Issa, a partner in King & Spalding’s Middle East and Islamic Finance Group, working from the Dubai and affiliated Riyadh offices. “We are proud of our market-leading healthcare practice and our firm’s global focus on this area of law. Due to the complexities of the sector, clients understand the need for counsel with industry knowledge.”
In 2013, King & Spalding advised Al Noor on its acquisition of Manchester Clinic in Jumeirah, a polyclinic that marked Al Noor’s entry into Dubai, and of Al Madar Medical Center in Al Ain, which specialises in dentistry and cosmetic surgery.
The King & Spalding team was led by senior associate Simon Rahimzada in Abu Dhabi and associate Melissa Chan in Dubai.
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