JLG completes the acquisition of business of About Health

Just Life Group Limited (NZX: JLG) is pleased to announce that it has completed the acquisition of About Health today.

JLG is now well advanced in its growth strategy in the ‘healthy living’ and ‘healthy homes’ market segments. In the current financial year JLG has completed the acquisition of 100% of the business of The Cylinder Guy (www.cylinderguy.co.nz), of 60% of the shares in Designer Tanks Limited (www.designertanks.co.nz) and now 100% of the business of About Health (www.abouthealth.co.nz).

Tony Falkenstein, Chief Executive of the Just Life Group advised “this latest acquisition gives the Group a diversified portfolio of powerful New Zealand iconic brands”.

JLG’s non-underwritten 1 for 14 renounceable rights offer to raise up to approximately $4.5 million at an issue price of $0.70 per share will open on the 5th May 2021.

For further information, contact:

Tony Falkenstein
CEO
E: [email protected]
M: +64 21 950 856

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Announcement PDF