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Acquisitions cushion Covid-disrupted year at Just Life Group

Acquisitions cushion Covid-disrupted year at Just Life Group
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The Monitor economy Q&A - Tony Falkenstein, CEO of Just Life Group

The Monitor economy Q&A - Tony Falkenstein, CEO of Just Life Group
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MIL-OSI New Zealand: Business – Just Life Group to acquire the business of About Health and raise capital

This acquisition of About Health will be immediately accretive to the Group earnings. The customer profile of other brands in Just Lifeâs portfolio is similar to that of About Health, and this provides opportunities to market across the range of its products. The recent announcement that Beatrice Faumuina ONZM has joined the Company as Group Brand Ambassador has raised the Companyâs profile, and this will continue to expand through its investment in digital, social, and traditional marketing campaigns. Just Life Group CEO, Tony Falkenstein, says âthe acquisition of About Health will accelerate the growth of the Company and drive shareholder value. The Companyâs business was affected by Covid-19 and the aftermath of the lockdowns, but the resilience that the Company displayed in response has laid a strong base for the future.

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Acquisition Of About Health Business

This acquisition of About Health will be immediately accretive to the Group earnings. The customer profile of other brands in Just Life’s portfolio is similar to that of About Health, and this provides opportunities to market across the range of its products. The recent announcement that Beatrice Faumuina ONZM has joined the Company as Group Brand Ambassador has raised the Company’s profile, and this will continue to expand through its investment in digital, social, and traditional marketing campaigns. Just Life Group CEO, Tony Falkenstein, says the acquisition of About Health will accelerate the growth of the Company and drive

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Business Scoop » Acquisition Of About Health Business

Press Release – Just Life Group Limited Just Life Group (NZX: JLG) is pleased to announce that it has agreed to acquire the business of About Health, as part of its acquisition strategy in the healthy living and healthy homes sectors. The purchase price of $17 million will … Just Life Group (NZX: JLG) is pleased to announce that it has agreed to acquire the business of About Health, as part of its acquisition strategy in the ‘healthy living’ and ‘healthy homes’ sectors. The purchase price of $17 million will be funded through a combination of new and existing debt facilities and an equity raising. The acquisition is unconditional and is expected to complete on the 30th of April 2021.

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