Abu Dhabi - Mubasher: One of the subsidiaries of International Holdings Company (IHC) has acquired a 40% stake in the UAE-based Response Plus Medical Services (RPM), a unit of VPS Healthcare Group of Companies in Abu Dhabi.
Established in 2010, RPM provides on-site healthcare management and medical emergency transfers from remote work sites, offering medical support for the oil and gas sector, chemical industries, construction sites, site clinics, and ambulance services, according to a press release on Monday.
In 2019, RPM expanded in Saudi Arabia and Oman and plans to grow across the GCC, Africa, and India over the upcoming five years.
Currently, the on-site medical services provider operates over 200 site clinics alongside the largest fleet of ambulances in the UAE.
The CEO and Managing Director of IHC, Syed Basar Shueb, said: "IHC has a mission to transform healthcare and this acquisition expands our reach, scale, and expertise to pursue our commitment on a truly regional and international level. RPM had more than 2 million people visit their 200 site clinics in 2020."
Meanwhile, the Chairman and Managing Director VPS Healthcare, RPM's parent company, Shamsheer Vayalil, commented: "Our strength and presence have grown such that we are capable of handling on-site healthcare management and medical emergency transfers throughout the Middle East."
