Abraaj Acquires Majority Stake in Two Oncology Centers
November 06, 2015
The Abraaj Group has acquired a majority stake in two oncology centers in Morocco: Centre de Traitement Al Kindy (Al Kindy) in Casablanca and Clinique Spécialisée Menara (Menara) in Marrakech. Together employing 12 doctors, Al Kindy and Menara combined form a network of imaging diagnostics and cancer treatment centers expected to treat more than 10,000 patients this year. The investment was made through Abraaj's second generation North Africa Fund.