Sheffield based wellbeing firm announces international acquisition

24th January 2020

Leading British health and wellbeing provider, Westfield Health, has announced its acquisition of European corporate fitness and wellbeing company High Five Health Promotion in a multi-million-pound deal.

The group’s third acquisition in under two years, this latest addition builds Westfield Health’s capabilities in the rapidly growing corporate health and wellbeing market, projected to be worth $66 billion by 2022.

Under the direction of CEO Dave Capper, Westfield Health has diversified into the corporate wellbeing market, offering workshops, health campaigns, screenings and on-site gym management.

By combining forces with High Five Health Promotion who provide onsite corporate fitness and wellbeing services to global brands such as Daimler, KPMG, Shell and NATO, Westfield Health hopes to further strengthen its whole-of-workforce proposition to drive market development and growth.

Reflecting on his decision to sell the company, High Five’s Founder, Paul Kienstra, said: “it was really important to us to find a company that shared our values and vision.

“With Westfield Health’s focus on evidence-based, preventative solutions and community giveback, it was clear that our shared philosophy and complementary capabilities would combine well, building on the success of both companies.”

Extending a warm welcome to the group’s newest member, Westfield Health Group CEO, Dave Capper, described what the acquisition meant for the 100-year-old business.

“Over its history, Westfield Health has built a track record of product innovation. This acquisition represents a continuation of our diversification into the exciting and important wellbeing market.

“By combining the two companies’ expertise, we can accelerate our growth in this industry both in the UK and internationally, allowing us to make a healthy difference to more people.”

With independent research showing that physical activity at work can reduce absenteeism by up to 20% and sick days by 27%, more and more businesses are expected to explore options for keeping their people active, such as coaching, movement spaces, virtual classes or gyms.

It’s an area where many UK businesses currently fall behind: recent research shows that only a quarter (26%) of employees have access to basic fitness facilities such as changing rooms at work.

With seven in ten people believing it’s an employer’s responsibility to support staff with their physical wellbeing, the Westfield Health group hopes to capitalise on growing employee demand with its latest acquisition.

You might also be interested in

Sheffield Business Awards celebrate inclusivity during their 20th year

Wed 17th August 2022

The Sheffield Business Awards are returning for their 20th year. The awards, which have been held annually in the city since 2001, will celebrate the best of Sheffield business across 15 award categories.

Further Inflation Increase Hammering Business and Long-Term Growth

Wed 17th August 2022

Commenting on the Office for National Statistics inflation figures for June 2022, Director of Policy and Public Affairs, Alex Veitch, said:?

University of Sheffield twins with university in Kyiv to help staff and students affected by war

Mon 15th August 2022

The University of Sheffield has twinned with a university in Kyiv to help support staff and students who have been affected by the war in Ukraine.

Mayor Oliver Coppard hails National Centre of Excellence for Food Engineering

Mon 15th August 2022

South Yorkshire Mayor Oliver Coppard has praised the work of Sheffield Hallam University’s National Centre of Excellence for Food Engineering (NCEFE).