Venture Life Group has announced the acquisition of BBI Healthcare, a leading Women's Health and Energy Management/Diabetes company. Venture Life will pay up to £36.0m for the business, which generated revenues of £10.2m and adjusted EBITDA of £2.6m in FY20A. We believe the acquisition will fit well within Venture Life, significantly expanding the group's own brand revenues and providing a number of revenue growth and operational leverage opportunities. The acquisition has been financed by exist ....
07 Jun 2021
Cenkos: Venture Life Group Plc -- BBI Healthcare acquisition
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Cenkos: Venture Life Group Plc -- BBI Healthcare acquisition
Venture Life Group Plc (VLG:LON) | 38.8 0.3 2.0% | Mkt Cap: 49.0m
- Published:
07 Jun 2021 -
Author:
Chris Donnellan -
Pages:
10
Venture Life Group has announced the acquisition of BBI Healthcare, a leading Women's Health and Energy Management/Diabetes company. Venture Life will pay up to £36.0m for the business, which generated revenues of £10.2m and adjusted EBITDA of £2.6m in FY20A. We believe the acquisition will fit well within Venture Life, significantly expanding the group's own brand revenues and providing a number of revenue growth and operational leverage opportunities. The acquisition has been financed by exist ....