Processing timeline
24
days
Acquirer
Estia Health
Target
Norsan residential aged care business
Other parties
ESTIA HEALTH TOPCO PTY LTD
Estia Investments Pty. Ltd. acquired substantially all business assets of three residential aged care homes from Norsan Pty Ltd. This asset sale expands Estia's residential aged care services, adding Norsan's three homes in metropolitan and outer Melbourne suburbs. Estia operates over 90 homes, while Norsan is a small family-owned provider.