Aviva PLC
30 September 2005
News release
30 September 2005
AVIVA ACQUIRES THE BUSINESS OF PRIVATE HEALTH CARE
Aviva plc ('Aviva') announces that Norwich Union Occupational Health Limited
('NUOH'), a wholly owned subsidiary of Norwich Union Life Holdings, has acquired
the business and fixed assets of Private Health Care Limited Liability
Partnership ('PHC'). PHC, which will become part of Norwich Union's Healthcare
division, is one of the UK's leading independent occupational health service
providers, with annualised turnover in excess of £7 million. As at 30 September
2004, the gross value of the assets purchased by NUOH was £1.8 million.
The core services provided by PHC include mobile health screening,
pre-employment health assessments, executive health screening, and absence and
sickness management.
PHC has access to over 100 approved medical centres, and a wide network of
qualified physiotherapists and counsellors. It is innovative among the major
operators in providing occupational health services through 27 mobile clinics,
which travel to client sites. Services are also provided at specialist clinics
in Wolverhampton, London, Birmingham and Liverpool.
Commenting on the acquisition, Graham Boffey, managing director of Norwich Union
Healthcare, said: 'We recognise that the demand for integrated health solutions
is growing in the UK. The acquisition of PHC is a strategic initiative designed
to broaden Norwich Union Healthcare's market offering, and provide a platform
for more integrated corporate health and protection solutions in the future. We
shall now be able to offer an extensive range of services to our corporate
customers, including occupational health and consultancy services provided by
highly trained physicians and nurses.'
- ends -
Enquiries:
Media
Sue Winston, head of group media relations +44 (0)20 7662 8221
Dominic Peasley, Financial Dynamics +44 (0)20 7269 7243
Analysts
Charles Barrows, investor relations director +44 (0)20 7662 8115
Nicole Marques, investor relations manager +44 (0)20 7662 8302
Notes to editors:
• Aviva is the world's sixth-largest insurance group based on gross world-wide
premiums and market capitalisation (at 31 December 2004); it is one of the
leading providers of life and pensions in Europe and has substantial
businesses in other markets around the world.
• Aviva's main activities are savings, investment and insurance, with
world-wide total income of £40 billion and assets under management of
£280 billion at 31 December 2004.
• The Aviva media centre at www.aviva.com/media includes images, company
and product information and a news release archive.
This information is provided by RNS
The company news service from the London Stock Exchange
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