Skip to content Skip to Search
Skip navigation

UAE’s Response Plus buys UK healthcare firm Prometheus

Response Plus Holding
RPM operates 500 clinics, catering to the oil gas and industrial sectors

Abu Dhabi-listed healthcare provider Response Plus Holding’s unit has acquired Prometheus Medical, a UK-headquartered healthcare training and consultancy services company.

The acquisition will accelerate Response Plus Medical’s (RPM) entry into the UK and Nordic region, strengthening its training capabilities and expanding its portfolio to cover health consultancy for emergency preparedness and response, the company said in a statement.

Prometheus is part of US-based Safeguard Medical, a provider of emergency medical technologies and specialised training for first responders.

RPM operates 500 clinics, catering to the oil gas and industrial companies such as Adnoc, Schlumberger, Oxy, Total, and Halliburton.

“The strategic acquisition of Prometheus not only enhances our capability to deliver top-tier healthcare services to valued clients in diverse and innovative fields but also expands our global footprint,” said Dr Rohil Raghavan, CEO of Response Plus Medical.

As part of the acquisition, RPM will become a distributor for Safeguard Medical’s trauma care and simulation products in GCC and India.

The acquisition will be funded through debt and internal accruals and is estimated to contribute early teen inorganic revenue and EBITDA growth.

The value of the deal was not given.

Latest articles

2KEY8G1 Emirates Airline Airbus A380 aircraft landing. Aerial view of Emirates Airlines A380-800 airplane. An Emirates plane coming in to land at LAX; a spokesperson for Emirates said the contraventions were for safety reasons

US fines Emirates for operating in prohibited airspace

Emirates has been fined $1.5 million by the US Transportation Department for operating flights carrying JetBlue Airways’ JBLU.O designator code in prohibited airspace. The transportation department said that between December 2021 and August 2022, Emirates operated a significant number of flights carrying the JetBlue Airways code between the United Arab Emirates and the United States […]

Egypt will use the US funding across a range of sectors including agriculture

US allocates $130m development funding to Egypt

The US has allocated funding of $130 million for a range of developmental projects in Egypt, it was announced on Thursday. In a press release published by the US Embassy in Cairo, ambassador Herro Mustafa Garg said that the money would go towards “advancing Egyptian efforts to achieve a brighter, healthier, and more prosperous future […]

Hollywood actor Leonardo DiCaprio. A US VC fund backed by him plans to invest $50m in Mena climate tech startups

US firm to invest $50m in Mena climate tech

A US venture capital firm backed by Hollywood actor Leonardo DiCaprio plans to invest $50 million in Mena climate tech startups over the next five years. Princeville Capital is targeting mature startups with strong growth potential, facilitating quick exits and a clear path to profitability, its co-founder Joaquin Rodriguez Torres told AGBI. The firm has […]

Bank customers in Dubai. Deposits by UAE residents eached AED2.4 trillion ($664 billion) as of March 31

UAE bank deposits soar as higher rates attract savers

Deposits at banks in the UAE have surged as account holders take advantage of higher interest rates to earn bigger returns on their savings, data from the country’s central bank shows. Resident deposits totalled AED2.4 trillion ($664 billion) as of March 31, up 16 percent versus 12 months earlier. Non-resident deposits – those held by […]