Dubai, UAE, 17 July 2026 – Tribonian Law Advisors (“TLA”) has advised Albatha Healthcare on its acquisition of Health First Pharmacy in the UAE, previously owned by Planet Pharmacies and part of Gulf Pharmaceutical Industries (Julphar).
The transaction relates to the acquisition of the retail pharmacy business operating under the “Health First Pharmacy” tradename in the UAE.
This acquisition builds on the successful integration of Albatha Healthcare’s pharmacy network and reflects its ongoing strategy to expand its retail platform, strengthen its distribution reach, and deliver consistent, patient-centric care across all locations.
Commenting on the transaction, Carlo Pianese, Partner at TLA, said: “We are proud to have advised Albatha Healthcare on this strategic acquisition. The transaction involved a complex structure, and our team has shown once more the sophistication and experience required to support our client in navigating the legal and regulatory aspects of the deal. We look forward to continuing supporting our clients in their regional and international expansion.”
Rindala Beydoun, Managing Partner at TLA, said: “We are pleased to have acted for Albatha Healthcare on this transaction. This matter reflects the depth of TLA’s experience in advising on investments in the healthcare sector, and our continued commitment to supporting clients in executing their expansion strategies.”
The TLA team advising on the transaction was led by partner Carlo Pianese, assisted by associates Raya Akhdar, Veronica Aleana Colombo and Marita Karaky.
Tribonian Law Advisors (TLA) was founded in 2012 and stands as a beacon of superior quality, in-depth expertise and exceptional client service in the Middle East legal market with offices in Dubai, Riyadh, Al Khobar and Beirut. TLA specializes in Mergers & Acquisitions (M&A), Corporate Finance and Private Equity, areas in which our corporate partners Rindala Beydoun, Carlo Pianese and Emile Boulos have accrued significant experience in over two decades practicing in the US, Europe and the Middle East.
About Albatha Healthcare
Founded in the early 1950s and headquartered in the United Arab Emirates, Albatha is one of the UAE’s largest and oldest privately held business groups, comprising more than 25 autonomous companies across diverse sectors. Guided by a legacy of entrepreneurship, innovation, and trusted global partnerships, Albatha remains committed to creating sustainable value and contributing to the growth of the communities and markets it serves.
In recognition of our unwavering commitment to excellence, we have been repeatedly honoured by prestigious awards and accolades including most recently ‘UAE-Headquartered Law Firm of the Year – Corporate/M&A’ at the Chambers Middle East Awards 2026. TLA unites legal prowess with business savviness to deliver an unparalleled client experience.
Contact details:
Hiba Mahdi
Phone: +971 4 597 9777
Email: hmahdi@t-lawadvisors.com
Website: www.t-lawadvisors.com
