Just Life Group sells The Cylinder Guy

Just Life Group sells The Cylinder Guy
Just Life Group founder and CEO Tony Falkenstein says the Cylinder Guy is better suited as an owner/operator business. (Image: Supplied)
John Anthony
Former New Zealand Exchange-listed company Just Life Group has sold its hot water cylinder installation and service company, The Cylinder Guy, for an undisclosed sum.Just Life Group (JLG) delisted from the NZ Exchange (NZX) earlier this year and listed on alternative market the Unlisted Securities Exchange (USX).In a press release published on USX Friday, JLG said it had entered a binding agreement to sell The Cylinder Guy, effective Dec 1.JLG founder and chief executive Tony Falkenstein said it was streamlining its portfolio.‘Probab...

More Markets

NZ sharemarket ends week up nearly 1.2%
Markets Market close

NZ sharemarket ends week up nearly 1.2%

The S&P/NZX 50 Index closed at 12,904.11, up 149.96 points or 1.18%.

Graham Skellern 20 Dec 2024
Marlborough Wine Estates' NZX delisting gets green light
Markets

Marlborough Wine Estates' NZX delisting gets green light

Cost savings were behind the decision to delist, the company says.

John Anthony 20 Dec 2024
Global private equity firm snaps up 50% of Craigs
Markets

Global private equity firm snaps up 50% of Craigs

Partnership with TA Associates tipped to accelerate Craigs' growth.

John Anthony 20 Dec 2024
ComCom delays Manawa takeover deal decision
Markets

ComCom delays Manawa takeover deal decision

Due on Dec 24, the decision will now be in March.

Ian Llewellyn 20 Dec 2024