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Mubadala sold its stake in U.S. health company Arcadia, which was acquired by Bansk Group after tripling revenue.
Mubadala has sold its minority stake in Arcadia Consumer Healthcare, a U.S. health and wellness platform, concluding a four-year investment.
The company was acquired by funds managed by Bansk Group.
During Mubadala’s ownership, Arcadia tripled its revenue and improved profitability through strategic acquisitions and growth initiatives.
Both Mubadala and Bansk praised the partnership and Arcadia’s strong foundation.
Meanwhile, Saudi Arabia opened its real estate market to foreign buyers, and regional developments included major contracts, renewable energy commitments, infrastructure expansions, and tourism initiatives across the Gulf.
Mubadala vendió su participación en la compañía estadounidense de salud Arcadia, que fue adquirida por Bansk Group después de triplicar los ingresos.