Integrated Diagnostics Holdings has acquired CAIRO RAY for Radiotherapy for EGP 400 million, enhancing its Egyptian radiology portfolio and expanding service offerings in response to increasing demand for cancer care.

Target Information

Integrated Diagnostics Holdings PLC (IDH) has fortified its presence in the Egyptian radiology market through the acquisition of CAIRO RAY for Radiotherapy. This strategic move involves a total investment of EGP 400 million, aimed at enhancing the services offered by IDH's Egyptian subsidiary, Al Borg Scan. The newly acquired facility, which spans 2,000 square meters, is strategically located in the affluent neighborhood of New Cairo, a well-established medical hub. This acquisition will not only bolster IDH's radiology portfolio but also introduce an essential radiotherapy service, thereby diversifying its healthcare offerings.

The CAIRO RAY facility is equipped to provide an extensive range of high-quality radiology and radiotherapy services. This addition strengthens IDH’s mission to deliver comprehensive diagnostic services and marks a significant milestone in the company's long-term strategy to establish a formidable presence in the radiology sector, complementing its already successful pathology business.

Industry Overview in Egypt

Egypt's healthcare sector has been experiencing rapid growth, particularly within the diagnostic services and radiotherapy segments. Driven by an aging population and increasing cancer rates, demand for radiological services has s