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Mediclinic International plc, founded in 1983, is an international private hospital group with operations in
South Africa South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa. It is bounded to the south by of coastline that stretch along the South Atlantic and Indian Oceans; to the north by the neighbouring coun ...
,
Namibia Namibia (, ), officially the Republic of Namibia, is a country in Southern Africa. Its western border is the Atlantic Ocean. It shares land borders with Zambia and Angola to the north, Botswana to the east and South Africa to the south and ea ...
,
Switzerland ). Swiss law does not designate a ''capital'' as such, but the federal parliament and government are installed in Bern, while other federal institutions, such as the federal courts, are in other cities (Bellinzona, Lausanne, Luzern, Neuchâtel ...
and the
United Arab Emirates The United Arab Emirates (UAE; ar, اَلْإِمَارَات الْعَرَبِيَة الْمُتَحِدَة ), or simply the Emirates ( ar, الِْإمَارَات ), is a country in Western Asia (Middle East, The Middle East). It is ...
. The Group's head office is based in
Stellenbosch Stellenbosch (; )A Universal Pronounc ...
,
South Africa South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa. It is bounded to the south by of coastline that stretch along the South Atlantic and Indian Oceans; to the north by the neighbouring coun ...
. It has been listed on the JSE, the South African securities exchange, since 1986. It is also listed on the
London Stock Exchange London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...
and it is a constituent of the
FTSE 250 Index The FTSE 250 Index ( "Footsie") is a capitalisation-weighted index consisting of the 101st to the 350th largest companies listed on the London Stock Exchange. Promotions and demotions to and from the index occur quarterly in March, June, Septem ...
.


History

Mediclinic International was founded in 1983 in
Stellenbosch Stellenbosch (; )A Universal Pronounc ...
, South Africa when its current chairman, Dr Edwin Hertzog, was commissioned by the then
Rembrandt Group The Rembrandt Group, officially known as Rembrandt Trust (Proprietary) Limited, is a South African tobacco and industrial conglomerate founded by Afrikaner tycoon Dr Anton Rupert who oversaw its eventual transition to the industrial and luxury bra ...
(now Remgro Group) to undertake a feasibility study on how profitable private hospitals could be. Three years later Mediclinic International, running four hospitals in commission and three hospitals under construction, listed on the JSE, the South African stock exchange in 1986. In 2006, Mediclinic reached agreement to acquire a controlling interest in Emirates Healthcare in Dubai, United Arab Emirates, which then owned one hospital, the rights to develop two further hospitals in the Dubai Healthcare City and five clinics. Mediclinic acquired
Hirslanden Hirslanden is a quarter in the district 7 in Zürich. It was formerly a municipality of its own, having been incorporated into Zürich in 1893. The quarter has a population of 6,859 distributed on an area of . Hirslanden is located on the west ...
, the largest private hospital group in Switzerland, for SF2.54bn in 2007. In June 2015, Mediclinic then acquired a 29.9% interest in
Spire Healthcare Spire Healthcare Group plc is the second-largest provider of private healthcare in the United Kingdom. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. History Spire Healthcare was formed from the sale of Bu ...
, a UK-based private healthcare group. Mediclinic announced a
reverse merger A reverse takeover (RTO), reverse merger, or reverse IPO is the acquisition of a public company by a private company so that the private company can bypass the lengthy and complex process of going public. Sometimes, conversely, the public compa ...
of
Al Noor Hospitals Al Noor Hospitals Group plc was a business operating medical-surgical facilities located in Abu Dhabi City, United Arab Emirates. The company transformed healthcare in Abu Dhabi under the leadership of Dr Kassem Alom and Sheikh Mohammed Bin Butti ...
in October 2015. The former Mediclinic shareholders owned up to 93% of the combined business on completion. The merger was completed on 15 February 2016. The healthcare group officially started trading on the
London Stock Exchange London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...
on 16 February 2016. The South African arm of Mediclinic was criticised in 2021 when it emerged that controversial doctor
Wouter Basson Wouter Basson (born 6 July 1950) is a South African cardiologist and former head of the country's secret chemical and biological warfare project, Project Coast, during the apartheid era. Nicknamed "Dr. Death" by the press for his alleged acti ...
was working at one of its
Western Cape The Western Cape is a province of South Africa, situated on the south-western coast of the country. It is the fourth largest of the nine provinces with an area of , and the third most populous, with an estimated 7 million inhabitants in 202 ...
facilities.


Operations

Mediclinic also holds a 29.9% interest in
Spire Healthcare Spire Healthcare Group plc is the second-largest provider of private healthcare in the United Kingdom. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. History Spire Healthcare was formed from the sale of Bu ...
, a LSE listed and UK-based private healthcare group.


References


External links


Mediclinic International Official Site
{{FTSE 250 Index constituents Health care companies of South Africa Companies based in Stellenbosch Companies listed on the Johannesburg Stock Exchange South African companies established in 1983