Saudi-Emirati firm Global Fertility Network (GFN) acquired a majority stake in Jeddah-based HealthPlus Fertility Center, according to a press release (pdf). This acquisition marks the firm’s second acquisition in Saudi Arabia this year after taking over Bnoon IVF Center in Riyadh. The newly acquired facility will be rebranded under GFN’s Bnoon IVF brand.

The two acquisitions represent a combined investment of over SAR 100 mn and double GFN’s capacity to more than 5k IVF cycles annually — establishing it as the largest independent provider of assisted reproductive services in Saudi Arabia.

GFN counts Dubai Investments as a shareholder with a 34.3% stake. The group previously raised around USD 60 mn in equity financing from a consortium of UAE and Saudi institutional investors and family offices.

What’s next? GFN is developing a 3.8k sqm flagship center in the northern part of Riyadh, slated to open in December 2025. The facility will offer advanced fertility and reproductive genetics services.

Plus: More acquisitions on the way? “We have identified a strong pipe-line of potential targets for acquisition across the region. New IVF facilities are also planned in Khobar, Abha, and additional cities across the Kingdom,” GFN’s CEO Majd Abu Zant said.

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