Green Cross expands with Peak Primary medical centres acquisition

Thu, 09 Oct 2014

By Suze Metherell Oct. 10 (BusinessDesk) - Green Cross Health, formerly Pharmacybrands, has bought medical centre operator Peak Primary, which was in breach of its banking covenants in 2013, for an undisclosed sum as it continues its expansion across the primary health sector. The Auckland-based healthcare business expects to settle the deal for Peak Primary, which owns 11 medical centres, by the end of this month, it said in a statement. Radius Medical, a Green Cross subsidiary, will take over the business, while Peak Primary's chief exe...

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