Just Life Group Limited (NZX:JLG) has announced the acquisition of the business of Natural Solutions NZ Limited, effective from 1 September 2022.
The acquisition is part of the Group's 'Healthy Living' sector and will be funded from existing banking facilities.
Natural Solutions owns distribution rights for products such as imuno© and Bravo Probiotics and will share the same back-end operations as About Health and Intenza, realising cost savings.
The purchase will be immediately accretive to the Group earnings.
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