Warrington-based company takes-over two firms from “Down Under”

WARRINGTON –based preventative healthcare specialist PAM Group has completed a double acquisition as it continues its buy-and-build strategy.
The group has bought 66Fit and Physio Supplies for an undisclosed sum from Whiteley Healthcare, a provider of physiotherapy and healthcare products based in Australia and New Zealand.
Both companies already have bases in the UK and they will add a total of £2.5m to PAM Group’s annual revenues.
They will continue to trade under their own brands and will be integrated into the group’s specialist muscular skeletal retail business PAM Health.
The transactions take the number of acquisitions by PAM Group to six as it pursues an ambitious growth strategy.
PAM Group, founded in 2004 by chief executive James Murphy, aims to double in size over the next few years through organic expansion, bolt-on acquisitions and by buying businesses which add new services or new territories to its operations.
The group provides occupational health and wellness services to the private and public sectors, including psychological services, physiotherapy, advice and counselling, absence management and drug and alcohol screening. It has 32 clinics across England, Scotland and Wales and employs around 600 staff. Revenues in 2019 were £30.1m and the group expects to post a 10 per cent rise for 2020 despite the impact of Covid-19.
The deal with Whiteley Healthcare sees PAM Group acquire the sales rights for 66Fit in the UK and Europe. Whiteley retains access to markets in Australia, New Zealand and the rest of the world The two companies have also agreed a global purchasing alliance to support their trading businesses.
James Murphy said: “These exciting acquisitions support our strategy of providing services that limit the impact of health conditions or prevent health impacting on people’s lifestyles, happiness, health and wellbeing.
“Both companies serve an established client base, have strong growth potential and fit in well with our expansion strategy. They bring a welcome new range of products to the group.”