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Austco Healthcare Ltd to acquire Healthcare and Security Communications Business, Teknocorp

Austco Healthcare Limited (ASX:AHC) is pleased to announce that it has entered into a conditional binding term sheet to purchase the business and assets of Victorian-based Teknocorp Australia Pty Ltd and its related business Victorian Monitoring Services.

Teknocorp is a privately-owned security and healthcare solutions provider and a certified Austco Nurse Call Reseller for more than 20 years. Teknocorp specialise in integrated nurse call, security, access control and complementary systems in health and various other sectors. Its client base consists of small and medium-scale enterprises in public and private sectors, predominantly operating in healthcare, aged-care, maintenance and construction sectors domiciled in Melbourne, Victoria.

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