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Healthia (ASX:HLA) to purchase The Eyecare Place

Health Care
ASX:HLA
14 May 2021 13:00 (AEST)

Healthia (HLA) has entered into agreements to purchase The Eyecare Place, an optical store located in Abbotsford, Victoria.

The company will purchase the store in a cash-and-script deal worth $620,000.

The Eyecare Place was founded in 2010 and is located in the Hive Shopping Centre, a community shopping centre in Abbotsford, Victoria, which is anchored by major retailers.

Settlement is conditional upon assignment of the property leased to Healthia and other customary conditions.

Additionally, Healthia has also completed the purchase of Bernie Lanigan Optometrist, an optical store located in Townsville, Queensland.

For over 42 years Bernie Lanigan has been providing professional eyecare and eyewear to the Townsville community.

Earlier this year, Healthia agreed to purchase Sandringham Sports Physio in Victoria for $1.5 million.

Sandringham is a physiotherapy clinic that provides services to the Sandringham and Bayside community.

On the market today, Healthia is trading in the grey at $1.76 per share at 12:22 pm AEST.

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