Investor Presentaiton
IDH Development Story
Over 35 years of industry experience, complemented by strategic expansion to develop
a strong market position across products and geographies
Establishment
Al Borg was
IDH
of MK Lab
founded
established by
Abraaj
Expansion
of IDH
Expansion of
product
offering
Building
infrastructure
and scale
Creating a
leading
platform
Integration
and further
expansion
A year of
transformation
Steadiness
post-float
1979
1990
2008
2009
2010
2011
2012
2013-14
2015
2017
⚫ Dr. Moamena
Kamel,
Professor of
Immunology at
Cairo
University,
founds the MK
Lab which later
merges with Al
Mokhtabar in
2004
• Founded by a
group of four
doctors, Al
Borg is the first
medical
laboratory in
Egypt to have
an efficient
hub, spoke and
spike model
⚫ Abraaj
acquires 76.8%
of Al Borg to
establish IDH
Caymans
• Branches(1):
127
.
Acquisition of
.
99.9% stake in
Molecular
Diagnostics
Centre
⚫ Branches(1)
154
Acquisition of
54.98% stake
in Medical
Genetics
Centre
• Increase of
stake in Al
Borg to 80%
post its
delisting
• Branches(1):
195
• Penetration in
Sudan and
Jordan comes
with
acquisition of
Ultralab and
Biolab,
Acquisition of
99.9% of Al
Mokhtabar (Al
Borg's biggest
competitor)
• Increase of
stake in Al
Borg to 99.3%
respectively
•
Branches(1):
Branches(1):
210
214
Establishes the
largest
automated lab
in Egypt
• Diversifies into
adjacent
medical
services
• Branches(2):
262 (2013);
288 (2014)
• Standard
listing on the
London Stock
Exchange
(LSE). Market
cap. of USD
667.5 mn
• Initial
operations at
Megalab begin.
• 28 new
branches
added
•
Delivering strong
top- and bottom-
line growth despite
impact of the
November 2016
float of the EGP
• Entered the
Nigerian market
with the acquisition
of Eagle Eye Echo-
Scan Limited ("Echo-
Scan") through a JV
with Man Capital
IDH has built a scalable platform that is positioned for further strong growth
Note:
Source:
(1) Branches refer to core operations of Al Borg and Al Mokhtabar in Egypt
(2) Branches refer to the IDH group
Company data
5
INTEGRATED DIAGNOSTICS HOLDINGSView entire presentation