Category Archives: News and Events

Al Zahrawi Medical Supplies celebrates 25 years of excellence

April 6th 2014 marked a special day for the Zahrawi family in UAE and Qatar as they celebrated the 25th year anniversary of the company

The event was held at Le Meridien in Dubai where over 100 members of Al Zahrawi gathered to celebrate 25 years of excellence. The event featured team building activities, speeches by the founder and the board members, success stories presented from all divisions, as well as various awards handed out to employees.


 

TNI advises Al Zahrawi Holding Group on 49% sale of its Qatar and UAE operations

TNI is pleased to announce that its client Al Zahrawi Holding LLC (“AZH”), a majority owned subsidiary of Al-Muhaidib Group (“AMG”) of Saudi Arabia, has sold a 49% equity interest in AZH’s medical distribution operations in UAE and Qatar to ReAya Holding, an open-ended healthcare investment company based out of Jeddah, Saudi Arabia.

TNI acted as the financial advisor and lead manager to AZH on the transaction and Hourani & Associates acted as legal counsel to AZH.

AZH is a leading distributor of medical devices, consumables and equipment to government and private hospitals, clinics and other providers across the GCC region. Over the past 7 years, the company has experienced significant growth and has emerged as one of the leading distributors of medical equipment in the GCC region.

“We are pleased with the outcome of this transaction. This deal will certainly enhance our ambitions to expand into the rest of the GCC and Middle East countries,” said Hassan Al Hassani, AZH’s Chief Executive Officer.

“Over the last few years, we have evaluated numerous opportunities to enter the medical equipment business and we consider AZH to be the partner of choice for ReAya Holding, sharing the same values and professional standards.” said Dr. Ahmed Emara, ReAya Holding’s Chief Executive Officer and Managing Director.

“We are delighted to have been involved in a transaction like this one, where all parties are satisfied with the outcome and are looking forward to building a successful long term partnership” said Khalil Massoud, Senior Vice President, Merchant Banking at TNI.

Notes to Editors

About AZH: Al Zahrawi Holding is a healthcare focused group specializing in medical, surgical, diagnostic lab, and analytical lab supplies that has become a leader in GCC’s rapidly growing healthcare services sector. The group has operations in Saudi Arabia, UAE, and Qatar.

About ReAya Holding: ReAya Holding is a Jeddah-based investment firm targeting companies operating in the healthcare and life sciences industry predominan

About The National Investor: The National Investor (“TNI”) is a privately owned regional investment banking group. The firm is active in several areas, including investment banking, private equity, asset management, real estate, and principal investments.

For more information, please contact Khalil Massoud at +971 2 6192 374