Matamata Country Lodge Transaction Unconditional
RADIUS RESIDENTIAL CARE LIMITED
Level 4, 56 Parnell Road, Parnell, Auckland, New Zealand
Phone 09 304 1670 www.radiuscare.co.nz
Caring is our calling
NZX RELEASE
28 September 2022
Matamata Country Lodge Transaction Unconditional
Further to its announcement made on 31 August 2022, Radius Care (NZX: RAD)
confirms that its acquisition of the business and assets of Matamata Country
Lodge is now unconditional.
Radius Care’s Executive Chair Brien Cree and CEO, Andrew Peskett, say: “The
acquisition of the delightful Matamata Country Lodge as our 24
th
care home and
fourth retirement village demonstrates our continued focus on pursuing value-
enhancing growth opportunities in line with our strategy. This is particularly the
case given the significant development potential and retirement village units,
together with the committed and well-led staff, at the Matamata Country Lodge.
The team at Radius Care are excited to welcome Matamata Country Lodge
residents and staff into the Radius family.”
Settlement is anticipated to take place on 28 September 2022.
ENDS
CONTACT DETAILS
For further information, please contact:
Anna Ellis
Company Secretary
Phone: +64 204 020 3980
Email: Anna.Ellis@radiuscare.co.nz
About Radius Care
Radius Residential Care Ltd was founded in 2003 and operates in the New Zealand
aged care and retirement village sectors. It is a nationwide provider offering the
full range of accommodation and care options giving residents the ability to "age
in place". Today, Radius Care operates 23 aged care facilities, of which it owns 12
and leases 11. Three owned facilities also include retirement villages and Radius
Care’s online shop sells specialist assisted-living products. The company employs
over 1,600 people, including highly qualified healthcare staff who are committed
to providing the very best in nursing care. Radius Care listed on NZX in December
2020. For more information visit radiuscare.co.nz or check out our Facebook page
@RadiusCareNZ.
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