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Investegate |MyHealthChecked PLC Announcements | MyHealthChecked PLC: Acquisition of genetic testing & nutrition company


 
 
MyHealthChecked Plc (AIM: MHC), the consumer home-testing healthcare company, announces the acquisition ( Acquisition ) of 100% of the outstanding share capital of Nell Health Ltd ( Nell Health ), a provider of genetic testing and personalised nutrition consultancy services, for an initial consideration of £1.202m, comprising £1.152m in payable in shares and £0.05m in cash, and a deferred consideration of up to £1.0m payable in shares and linked to performance milestones.
 
Nell Health, based in New Covent Garden Market, has developed an innovative technology platform that offers users personalised accessible and actionable outcomes to improve health and wellness based on information gathered from a Nell Health DNA test. Customers taking a test are provided with diet and exercise insights by experts, based on the analysis of DNA relating to nutrition including food intolerance, potential vitamin deficiencies and exercise types tha ....

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