Fresenius Helios to acquire Eugin Group from NMC Health for $525m.

Fresenius Helios, a healthcare company, agreed to acquire Eugin Group, a lucrative fertility company, from NMC Health, a healthcare chain and distribution business, for $525m. “This transaction marks another important step towards a successful restructuring for NMC. Eugin Group is a high-quality, highly sought-after business, with an experienced management team and, following a robust process, we are pleased to have reached an agreement for its sale. The underlying business and financial performance of NMC Healthcare is strong and it continues to be a key operator in the UAE’s healthcare market. We are optimistic about the future of NMC as we head into 2021," Richard Fleming, NMC Joint Administrator.