International acquisition for health and wellbeing specialist
Health and wellbeing provider, Westfield Health, has acquired European corporate fitness and wellbeing company High Five Health Promotion in a multi-million pound deal.
The Sheffield-based group’s third acquisition in under two years, builds Westfield Health’s capabilities in the growing corporate health and wellbeing market, projected to be worth $66bn by 2022.
Under the direction of CEO Dave Capper, Westfield Health has diversified into the corporate wellbeing market, offering workshops, health campaigns, screenings and on-site gym management.
By joining forces with High Five Health Promotion, which provides onsite corporate fitness and wellbeing services to global brands such as Daimler, KPMG, Shell and NATO, Westfield Health hopes to further strengthen its whole-of-workforce proposition to drive market development and growth.
High Five’s Founder, Paul Kienstra, said: “It was really important to us to find a company that shared our values and vision.
“With Westfield Health’s focus on evidence-based, preventative solutions and community giveback, it was clear that our shared philosophy and complementary capabilities would combine well, building on the success of both companies.”
Capper said: “Over its history, Westfield Health has built a track record of product innovation. This acquisition represents a continuation of our diversification into the exciting and important wellbeing market.
“By combining the two companies’ expertise, we can accelerate our growth in this industry both in the UK and internationally, allowing us to make a healthy difference to more people.”
