Riyadh, Saudi Arabia – October 21, 2024 – Magrabi Health announced today at the Global Health Exhibition in Riyadh its acquisition of Saudi Dent, a prominent dental care provider in Saudi Arabia.
This marks a key milestone in Magrabi Health’s ambitious expansion strategy, as acquisitions form a major pillar in the company’s long-term vision for growth and healthcare excellence, aligned with the summit’s theme “Invest in Health.”
The acquisition of Saudi Dent, known for its patient-centred approach and comprehensive dental services, is a strategic move that underscores Magrabi Health’s commitment to expanding its footprint through targeted acquisitions. Furthermore, this strengthens its position as a leading provider of sub-specialized dental care in the Kingdom and ensures access to the most advanced treatments available. Magrabi Health plans to continue expanding through similar acquisitions, further enhancing its service offerings and geographic reach.
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“We are delighted to welcome Saudi Dent into the Magrabi Health family,” said Mutasim Alireza, CEO of Magrabi Health. “This acquisition is a testament to our ongoing commitment to growth and innovation, ensuring that we continue to meet the evolving healthcare needs of our patients. By combining our expertise and resources, we are confident that we will set new standards for dental care excellence in the region. This marks the first of many planned acquisitions as we continue to expand and strengthen our specialized healthcare offering across the region.”
Dr. Abdulrahman Barzangi, Deputy CEO and COO of Magrabi Health, added, “As a dental professional by background, I am particularly excited about the opportunities this acquisition presents. By integrating Saudi Dent’s expertise and capabilities into our network, we can enhance our dental care offerings and provide patients with the most advanced and comprehensive treatments available. Together, we will redefine the standard of dental care in the region.”
“We are honored to become part of the Magrabi Health group, a name synonymous with specialized care and excellence in the region,” commented Dr. Saad Al Qahtani, Chairman of Saudi Dent. “With Magrabi Health’s rich history in specialized services and our shared commitment to delivering high-quality dental care, we are confident that this partnership will not only strengthen our combined expertise, but also enhance our presence as leaders in dental healthcare across Saudi Arabia.”
Dr. Yousef Al Qarni, CEO of Saudi Dent added, “This is a proud moment for Saudi Dent. Our partnership with Magrabi Health enables us to expand our capabilities and bring even greater value to our patients while contributing to the continued growth of dental care excellence in the Kingdom.”