M42 acquires Diaverum, world’s 3rd largest dialysis provider

M42 acquires Diaverum, world’s 3rd largest dialysis provider

Abu Dhabi, UAE: M42, an Abu Dhabi-based tech-enabled healthcare company, today announced that it has acquired Diaverum, a leading global renal care service provider, from Bridgepoint Group, making M42 the largest healthcare company in the Middle East.

Founded in 1991, Diaverum is currently the world’s third-largest provider of dialysis services, operating across 23 countries, with 440 clinics and over 13,000 employees. Diaverum is led by a highly experienced management team committed to improving medical outcomes for patients and driving innovation in tech-enabled care delivery. It also has a strong track record of clinical excellence, providing critical care to around 39,000 patients suffering from chronic kidney disease.

M42 is a global tech-enabled healthcare leader operating at the forefront of medical development. Established after the coming together of G42 Healthcare and Mubadala Health, M42 combines unique medical and data-centric technologies with state-of-the-art facilities to deliver the highest level of precise, patient-centric, and preventative care.

The acquisition of Diaverum significantly expands M42’s global geographic footprint, enabling it to introduce relevant healthcare services and healthtech solutions in new markets while further enhancing its renal care offering in the GCC.

Furthermore, Diaverum has particular strength in tech-enabled care. This includes patient-centric apps and the potential to leverage AI to