Medcare acquires 60% of Skin111; adds specialised beauty and anti-ageing services to wellness portfolio

Medcare, the premium healthcare provider under the Aster DM Healthcare group, announced its expansion into the premium wellness and beauty care segment with the acquisition of 60 per cent share in Skin111 Clinics.

Skin111 Clinics is an award-winning premium chain of aesthetic and wellness centres offering patients customised invasive and non-invasive beauty treatments, combining conventional medicine with innovative wellness and beauty services such as detoxification IV infusions allowing patients to reach their desired beauty goals in a healthier more sustainable manner.

“Skin 111, the name itself talks about the three layers of the skin! It is our biggest organ and our connect between the external world and our inner body. External factors like heat, air conditioning, etc. effect the quality of our skin. Similarly, the effects of our diet, sleep, travel, stress becomes evident through the skin texture, laxity and glow. With the acquisition of Skin111, we are entering into a niche area of looking at effective and exciting new skin care services with infusions such as NAD plus, vitamin boost etc. that provides that extra care for our skin and body. We are excited to partner with Dr. Shahram Nabili on this unique and niche area of immense interest amongst the tourists and residents alike in Dubai,” said Alisha Moopen, Deputy Managing Director at Aster DM Healthcare.

Skin111 specialises in bespoke beauty, anti-aging, aesthetic dermatology, and general medicine while offering its patients several unique preventive medicine solutions that allows for early diagnosis of potential genetic driven chronic conditions.

This acquisition will accelerate Medcare’s plans to emerge as an international hub for health, beauty, and wellness adding to its existing network of four hospitals and over 20 medical centres in the UAE. With this agreement, Skin111 Clinic’s unique offerings will be incorporated into Medcare service portfolio giving it an edge in the aesthetics and wellness segments, a key driver of the UAE’s growing medical tourism sector.

Dr Shanila Laiju, Group CEO of Medcare Hospitals and Medical Centres, said: “We are pleased to announce our foray into the beauty and wellness segment of the healthcare sector. The acquisition of Skin111 is part of our overall strategy to expand the scope of our operations and become leaders in aesthetic and antiaging segments in the UAE contributing to Dubai’s vision to become a medical tourism hub within the region.”