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Hills Holdings Ltd Announces Sale Of Hills Healthcare Equipment business To K Care Pty Limited

Sunday, 20 Jan 2013 08:22pm EST 

Hills Holdings Ltd announced that it had entered into an agreement to sell its wholly-owned Hills Healthcare Equipment business to K Care Pty Limited, owned by the management team and Sydney-based private equity firm, Anacacia Capital. The sale, for an undisclosed amount, is not material to the sales and earnings of the Hills Holdings Group. Perth-based Hills Healthcare Equipment is part of Hills Holdings broader Lifestyle & Sustainability division which includes a diverse array of businesses and produces numerous iconic Hills branded products. 

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