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TAH enters conditional agreement for Elder Care Practice

22/08/2025, 09:13 NZST, GENERAL

22 August 2025 Third Age Health Services Limited is pleased to announce that it has entered into a conditional sale and purchase agreement to acquire an 80% stake in in ARC Health Limited (ARC Health). ARC Health provides medical services to aged residential care facilities in the Canterbury region. This acquisition is intended as a bolt-on to Third Age Health’s existing Aged Residential Care (ARC) business. The acquisition represents a proposed investment of $1.1 million. Completion of the acquisition is expected in September 2025, subject to satisfaction of all conditions. Authorised for release by: John Fernandes Chairman johnf@thirdagehealth.co.nz