Radius Residential Care Limited logo

Radius Care Completes St Allisa Acquisition

M&A30 May 2025RADHealthcare

30 May 2025


Radius Care Completes St Allisa Acquisition


Radius Residential Care Limited (NZX: RAD) (Radius Care) today announced that it

has completed the acquisition of the assets and business of the St Allisa care home.

Andrew Peskett, Radius Care’s Chief Executive Officer, commented “St Allisa is

Radius Care’s 24th care home and further strengthens our presence in Christchurch.

It’s a meaningful step in our capital-light growth strategy, reflecting our focus on

expansion through the acquisition of large, well-located care homes. We are excited

to welcome the St Allisa team and residents into the Radius Care community.”


ENDS



Media and Investor Contacts

Andrew Peskett

Chief Executive Officer

Phone: +64 21 747 363

Email: andrew.peskett@radiuscare.co.nz


Jeremy Edmonds

Chief Financial Officer

Phone: +64 22 650 9354

Email: jeremy.edmonds@radiuscare.co.nz




About Radius Care

Radius Residential Care Limited was founded in 2003 and listed on the NZX in December

2020. Radius Care provides essential healthcare services to elderly New Zealanders, offering

the full range of accommodation and care options in communities throughout the country.

Today, Radius Care operates 24 aged care facilities, of which it owns 12 and leases 12. Four of

the owned facilities also include retirement villages and Radius Care’s online shop sells

specialist assisted-living products. The company employs over 2,000 people, including highly

qualified healthcare staff who are committed to providing the very best in nursing care, and

has expanded its services, establishing RConnect, a Nurse and Carer bureau and Home Care

provider. A 51% holding in Cibus Catering was acquired in October 2024. Cibus provides menu

planning and nutrition management services to the aged care sector, as well as full-service

kitchen and food management to 25 care homes across New Zealand, including 12 Radius

Care sites. For more information visit radiuscare.co.nz or check out our Facebook page

@RadiusCareNZ.

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.