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4,987 Posts.
139
26/06/18
07:15
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This is a cheaper acquisition then Laser Clinics.
44 stores vs 70 plus of laser clinics.
So there is greater room for growth.
API has advantage with female shoppers so they know how to engage with females and build the relationship and trust.
Not sure if you will start seeing a laser clinic next to Priceline in the future. Maybe dual shopfronts or shop within a shop.
$166M staged acquisition vs $600M plus. This is a way safer way to the market not to mention further acquisitions to consolidate the market.
Huge potential hold long.
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