Healthcare provider Medcare acquires 60% stake in Skin111 Clinics

  • Date: 05-Oct-2022
  • Source: Gulf Business
  • Sector:Healthcare
  • Country:UAE
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Healthcare provider Medcare acquires 60% stake in Skin111 Clinics

Medcare, the premium healthcare provider under the Aster DM Healthcare umbrella, has acquired a 60 per cent share in Skin111 Clinics.

The chain of clinics specialises in bespoke beauty, anti-ageing, aesthetic dermatology and general medicine, offering patients customised invasive and non-invasive beauty treatments.

This acquisition will accelerate Medcare’s plans to emerge as an international hub for health, beauty and wellness, adding to its existing network of four hospitals and over 20 medical centres in the UAE.

“Skin 111, the name itself talks about the three layers of the skin. It is our biggest organ and our connection between the external world and our inner body. External factors like heat, air conditioning, etc., affect the quality of our skin. Similarly, the effects of our diet, sleep, travel, and stress becomes evident through the skin texture, laxity and glow. With the acquisition of Skin111, we are entering into a niche area of looking at effective and exciting new skin care services with infusions such as NAD plus, vitamin boost etc., that provide that extra care for our skin and body. We are excited to partner with Dr Shahram Nabili on this unique and niche area of immense interest amongst the tourists and residents alike in