EBOS Group Limited
TypePublic
ASX: EBO
NZX: EBO
IndustryHealthcare
Animal care
Founded1922; 102 years ago
HeadquartersMelbourne, Australia
Christchurch, New Zealand
Number of locations
109[1] (2022)
Areas served
Australia
New Zealand
Southeast Asia
Key people
Elizabeth Coutts (Chairperson)
John Cullity (CEO)
RevenueIncrease A$10.7 billion[1] (2022)
Increase A$355 million[1] (2022)
Increase A$228 million[1] (2022)
Total assetsIncrease A$120 million[1] (2022)
Number of employees
5000[1] (2022)
Websitewww.ebosgroup.com

EBOS Group Limited is the largest marketer, wholesaler, and distributor of medical, and pharmaceutical products in Australasia. It is also a major provider of animal care products.[2]

History

EBOS was founded in 1922 as Early Brothers Trading Company Limited in Christchurch, New Zealand. Initially the company sold lamps for horse drawn carriages, but later expanded into a broad array of goods such as heating equipment, household appliances and healthcare supplies. In the 1950s the company narrowed its business focus to healthcare and rebranded as Early Brothers Dental and Surgical Supplies Limited in 1954. EBOS Dental and Surgical Supplies was listed on the New Zealand Stock Exchange in 1967 and formally rebranded as EBOS Group Limited in 1986. EBOS first entered the Australian market in 1996 and was listed on the Australian Stock Exchange in 2013.[3][4] EBOS attained a position in the S&P/NZX 50 in 2006, was added to the S&P/NZX 10 in 2022[1][5] and in 2023 was added to the MSCI Index.[6]

Subsidiaries

EBOS Group owns a controlling interest in over 100 companies throughout Australia, New Zealand and Southeast Asia.[1] In 2013 EBOS acquired Symbion for NZ$1.1 billion and in doing so inheriting the Faulding pharmaceutical brand.[1][7] In 2016 EBOS acquired a controlling interest in Terry White Group, Australia's largest pharmacy retailer, and in 2018 acquired all minority shares to establish a 100% holding.[8][9]

EBOS entered the medical devices distribution sector in 2019. EBOS greatly expanded its presence in that market in 2021 when it acquired LifeHealthcare's subsidiaries in Australia and New Zealand, as well as a controlling share in its Asian subsidiary, Transmedic, for A$1.17 billion.[10]

EBOS Group also holds a number of animal care subsidiaries, such as Black Hawk Premium Pet Care, which was acquired for A$57.8 million in 2014. Animal care made up 16% of the group's overall earnings in 2014, but has grown rapidly to make up 20% of overall earnings in 2023.[1][11]

References

  1. 1 2 3 4 5 6 7 8 9 10 "Annual Report". 2022. Retrieved 3 March 2023.
  2. ↑ "Our Company". EBOS Group Limited. August 2022. Retrieved 3 March 2023.
  3. ↑ "History". EBOS Group Limited. February 2016. Retrieved 3 March 2023.
  4. ↑ "EBOS ASX Listing Confirmed". EBOS Group Limited. 4 December 2013. Retrieved 3 March 2023.
  5. ↑ "S&P Dow Jones Indices Announces March 2022 Quarterly Rebalance of the S&P/NZX Indices" (PDF). S&P Dow Jones Indice. 4 March 2022. Retrieved 5 March 2023.
  6. ↑ Howard, Rebecca (11 November 2022). "Ebos shares jump 8.5% after joining MSCI small cap index". Business Desk. Retrieved 5 March 2023.|
  7. ↑ "EBOS Shareholders Support $1.1b Symbion Acquisition". scoop. 14 June 2013. Retrieved 5 March 2023.
  8. ↑ Hutching, Chris (5 August 2016). "Ebos buys controlling share in Australian pharmacy group". Stuff. Retrieved 5 March 2023.
  9. ↑ Abaño, Joyce (19 October 2018). "Terry White Group agrees to Ebos takeover offer". Inside Retail. Retrieved 5 March 2023.
  10. ↑ "EBOS Group to buy medical equipment distributor in billion dollar deal". Radio New Zealand. 9 December 2021. Retrieved 5 March 2023.
  11. ↑ "EBOS Announces Acquisition of BlackHawk Premium Pet Care". NZX. 31 October 2014. Retrieved 5 March 2023.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.