Sale of HPS to EBOS Group

HPS is pleased to announce that EBOS Group has entered into a binding agreement to acquire HPS, Australia’s largest provider of outsourced pharmacy services to private hospitals, public hospitals, corrections facilities and cancer centres.

EBOS Group is the largest and most diversified Australasian marketer, wholesaler and distributor of healthcare, medical and pharmaceutical products. The organisation is publicly listed on the Australian and New Zealand stock exchanges and employs more than 2,700 employees in 42 locations across Australasia.

EBOS Group Chief Executive Officer Patrick Davies has confirmed that the key management of HPS will continue to operate under EBOS’ ownership and will form part of EBOS Group’s Institutional Healthcare business division.

The HPS Board and Executive team are pleased with this latest development and are looking forward to the support of EBOS in the growth of HPS and its network of pharmacies, now and well into the future.

Together, we will continue to invest in our information technology infrastructure and quality improvement initiatives to ensure that we always deliver the highest quality care to patients.