A healthcare communications agency in Leeds has been acquired by a Tokyo-based group.
ONEHealth Communications provides media and content services to one of the largest UK healthcare professional (HCPs) communities of more than 150,000 people via GDPR compliant marketing channels.
It has been acquired by Tokyo headquartered global healthcare company M3 Medical Holdings for an undisclosed sum.
ONEHealth, which is led by managing director Veronique Cotrel, Dave Hoey, Julie Bartlett and Andrew Davis, will continue to operate as an independent brand within the M3 Group.
M3 has offices across China, the US, the UK, Korea and India, providing healthcare related information to more than six million physician members globally across its media channel platforms, including Doctors.net in the UK.
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ONEHealth’s advisers included Jonathan Simms and Sarah Harrison of Leeds law firm Clarion; Amanda Waterhouse of BHP Chartered Accountants who advised on tax; and Tony Walford, partner at corporate finance and advisory practice Green Square in London.
David Sewards, chairman of ONEHealth, said: “We bought what evolved into ONEHealth following the recession at the turn of the decade, recognising the robust nature of the pharma and healthcare sector. After several acquisitions during that period, including purchasing the data4NHS database, we grew the company into a highly profitable, innovative business.
“As shareholders, we felt the next stage of the company’s development required it to join a multinational player in the sector and we’re delighted that M3 saw the value in what we had created. We think it’s the perfect fit for the incredible ONEHealth team and we wish them well with their exciting next chapter.”