Processing timeline
34
days
Acquirer(s)
GENEA PTY LTD ABN - 82 002 844 448
Target(s) or Vendor(s)
CARE FERTILITY GREENSLOPES PTY LTD ABN - 11 128 331 797
Other parties
None listed
Genea Pty Ltd has acquired Queensland-based independent IVF and fertility business, Care Fertility Greenslopes Pty Ltd, along with an associated trust and intellectual property. This expands Genea's national footprint in the gynaecology, IVF, and fertility sector.
The Acquirer, Genea Pty Ltd ( Genea ) operates an IVF and fertility business with clinics in NSW, the ACT, Victoria, Queensland, Western Australia and South Australia. In Brisbane, Genea operates a clinic in Bowen Hills and an entity related to Genea (Adora Holdco Pty Ltd) operates a bulk-billed IVF clinic, Adora Fertility, in Taringa. Genea proposes to acquire a single independent clinic, Care Fertility Greenslopes Pty Ltd ( Care Fertility ), along with an associated trust (Care Fertility Greenslopes Unit Trust) and intellectual property (the Acquisition ). Care Fertility is a gynaecology, IVF and fertility business located in Greenslopes, Queensland that is ultimately owned and controlled by Dr Clare Boothroyd.