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Joint venture for ‘wellness’ centres in Australia

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Perth-based wellness and health care company ATOS Wellness Ltd has formed a joint venture with SOL Wellness Pty Ltd, a subsidiary of Sol Health Pty Ltd, to establish up to 12 new ‘wellness’ centres throughout Australia.

The Sol Group works with governments to satisfy a growing demand for community health and wellness centres, integrating first class aquatic, medical and wellness services. The company is about to commence the first two developments in the city of Wanneroo and city of Mandurah in Western Australia and is developing 10 further projects in South Australia, Queensland and Western Australia.

In this joint venture Atos Sol Wellness will own and operate the aquatic, wellness centre, day spa and weight management businesses within the new community centres, using the ATOS inspired life, body contours and bodycure models. The company will manage the Australian joint venture operations, with ATOS Wellness in Singapore providing policy and procedures, training and support for therapy and wellness staff, as well as staff recruitment.

It is expected to increase ATOS group revenue for Wellness services in Australia from $2m at present for one centre, to $10m in 2012 for four centres.

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