Rapid Nutrition Plc, a London-listed health and wellness company, announced on May 26, 2026, the completion of a A$2 million transaction to acquire an Australian wellness platform. The deal, which was initially disclosed in a regulatory filing, aims to strengthen the company's digital footprint in the Asia-Pacific region.
According to the company's statement, the acquisition includes a subscription-based wellness platform that offers personalized nutrition and fitness programs. The platform has a user base of approximately 50,000 active subscribers, though this figure could not be independently verified.
Rapid Nutrition CEO Simon Stilwell said the transaction aligns with the company's strategy to expand its direct-to-consumer digital health services. 'This acquisition accelerates our growth in the Australian market and complements our existing product portfolio,' Stilwell stated in the release.
The company expects the platform to contribute positively to its revenue in the current fiscal year, but no specific financial projections were provided. Rapid Nutrition shares traded flat on the London Stock Exchange following the announcement.
