Sunday 29 August 2010

Qatar First Investment Bank acquires a stake in a Leading Turkish based healthcare provider | Al Bawaba

Qatar First Investment Bank (QFIB) announced that along with ARGUS Capital, a London based private equity house, acquired a 40% minority stake in Memorial Health Group (MHG), one of the leading healthcare providers in Turkey.

MHG began operations in February 2000 and is among the top two 'class A' healthcare groups in Turkey, offering high quality service with well respected physicians and state-of-the-art equipment. MHG offers a full range of medical services covering 41 branches of medicine including, but not limited to, general surgery, cardiology, cardiovascular surgery, organ transplants, neurosurgery, da Vinci robotic surgery and orthopaedics.

MHG's main hospital complex is located in Okmeydani in Istanbul, a 55,000 square meter facility with a 214 bed capacity. In addition, MHG also operates two other complexes, one on the Asian side of Istanbul in Atasehir district with 143 bed capacity and the other in the Bahcelievler on the European side with a 114 bed capacity. MHG also operates a complex in Antalya with a 132 bed capacity in addition to two outpatient polyclinics both located in Istanbul.

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