FYiHealth Group, Canada’s leading healthcare organization, is pleased to announce that it reached an agreement to acquire WestGroupe. Following this announcement, WestGroupe will continue to operate independently from FYi Health.
We are delighted to welcome the WestGroupe team to FYi Health Group,” said Dr. Alan Ulsifer, Chair, and CEO of FYi Health Group. The optical and eyecare market is changing, with new entrants constantly trying to disrupt the current procurement of eye care and eyewear. One of the main goals of this acquisition is to work with our industry colleagues and grow as a team to advocate for fair wholesale pricing in the market. This partnership will have a material positive impact for both FYidoctors and WestGroupe customers.”
Terms of the transaction are not being disclosed.
ABOUT FYi HEALTH GROUP
FYi Health Group is Canada’s leading diversified healthcare organization. Doctor-led, professionally managed, and patient-focused, the organization concentrates on delivering outstanding eye care and medical aesthetics treatments along with patient-centric products and services. Recognized as one of Canada’s Best Managed Companies in 2020, 2021, and 2022, the organization operates over 300 locations across the country. Rooted in a mission to enhance life, FYi Health Group supports a wide array of philanthropic causes and initiatives. Through numerous community-centric programs and the Enhancing Life Foundation, FYi Health Group enhances the lives of Canadians both inside and outside its clinic doors. For more information, please visit fyihealthgroup.com.
Established in 1961, WestGroupe is family operated with over 60 years of industry insight. Our mission is to provide unique and superior quality eyewear for the fashion-focused consumer. We are driven by our commitment to excellent customer service and exceptional products. WestGroupe is dedicated to defining future standards in the optical industry by developing, creating, and supporting innovative products and services that allow our customers to succeed. WestGroupe offers a premium selection of international brands in over 40 countries, including FYSH, KLiiK denmark, EVATIK, Superflex®, and OTP. For more information, please visit westgroupe.com.