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.
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.
SOL 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 existing ATOS Inspired Life Centre in Bentley, Western Australia, with its swimming pool, fitness centre, body contours day spa, bodycure weight management and physiotherapy services will be the model for the new joint venture company.
The new company's operations begin today.
SOL Wellness will manage the Australian joint venture operations. ATOS Wellness in Singapore will provide policy and procedures, training and support for therapy and wellness staff as well as staff recruitment.
This project adds new ATOS Wellness Centres in Australia.
It is expected to increase ATOS group revenue for Wellness services in Australia from presently $2.0 million for one centre to $ 10.0 million in 2012 for four centres.
SOL Wellness has committed $300,000 to upgrade equipment and fit out at the ATOS Inspired Life Health Centre to show case the state of the art computer equipment and services.
ATOS Wellness has committed $450,000 for the fit out of the first two community Atos Sol Wellness centres in 2009 and 2010.
Mr Siva Ananda Rajah, the founder of ATOS Wellness Pte Ltd in Singapore and director and CEO of ATOS Wellness Ltd is confident that within the present five year business plan ATOS will replicate its Singapore market presence in Australia.
In Singapore the ATOS group operates eight Wellness Centres and three Beauty Clinics with revenues of $20 million per annum.
About ATOS Wellness Ltd:
ATOS Wellness Ltd was formed in January 2008 by merging ATOS Wellness Pte Ltd of Singapore with MEDEC Ltd. Mr. Siva Ananda Rajah has taken over the position of CEO of ATOS Wellness Ltd in March 2008.
ATOS Wellness Ltd provides equipment and services for the wellness industry and operates wellness, weight management and health centres in Singapore, Malaysia, India, Germany, Austria and Australia.
It also has an established product distributorship for MEDEC products in Singapore, Germany and Australia.
Medically certified health care products are manufactured by the German MEDEC subsidiary of the ATOS Wellness group.
