Dividend Gate Capital and its partners have acquired a majority stake of Axon Medica, a specialized healthcare service company located in Dubai, United Arab Emirates.

Furthermore, Axon Medica Polyclinic was established in 2009, aiming to provide specialized healthcare and primary care services in the UAE. The company currently operates two healthcare centers, each equipped with a fully stocked pharmacy, offering wide-ranging medical treatments. Additionally, it recently obtained a license to operate an additional medical center in the United Arab Emirates.

In this view, the acquisition is part of a strategic expansion plan to develop the business model and transform it into a group consisting of nine centers across the country. Notably, the healthcare center is equipped with advanced medical equipments and operated by an experienced medical and technical team making Axon Medica Polyclinic one of the leading healthcare companies in Dubai.

Moreover, Mr. Lester D’souza – Investment Department, stated: “We are pleased to announce our acquisition of Axon Medica, a distinguished healthcare company with a track record of providing high-quality services to patients in Dubai. We are committed to invest in promising companies in the healthcare sector specifically in the Kingdom of Bahrain, the Kingdom of Saudi Arabia, and the United Arab Emirates, and we aspire that this strategic step will be promising and profitable for investors and the society as a whole. We look forward to continuing growth and expansion in the healthcare sector in the regional markets”.

Dividend Gate Capital reaffirms its plans to invest in the healthcare sector in the region, with anticipated expansion plans to create growth opportunities for the company in the future and aims to achieve partnerships in this field.