Interest being shown in the area of aged care from companies that you would not tradionally expect to be taking much interest. It illustrates a growing awareness that this sector is definitely seen as a strong growth area.
From today's, "The Age".
Leighton arm buys health business November 9, 2009 - 4:39PM AAP
Leighton Contractors says it has expanded its foray into healthcare with the acquisition of the Adesse's facility management operations.
The Leighton Holdings Ltd subsidiary said on Monday it had acquired the business and assets of Adesse's facility management operations, which provides engineering expertise and maintenance services primarily to the health and aged care services.
The business has several long-term contracts in and around Melbourne and employs 20 people.
No amount was disclosed for the transaction.
The purchase does not include the Adesse name or its other businesses.
General manager of Leighton Contractors' investment and facility management division, Peter Hicks, said the acquisition was another step in the company's strategy to enhance its capabilities in the growing health care sector.
"We are targeting a number of major health care opportunities, including Melbourne's Parkville Comprehensive Cancer Centre and the new Royal Adelaide Hospital and this acquisition complements our already strong construction and financing capability," Mr Hicks said.
