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Benefit Systems SABenefit Systems buys shares in Wellbee for PLN 33.7 mln
Listed employee benefit schemes provider Benefit Systems has acquired 69.8 percent shares in a company operating in the area of psychological support and self-development Wellbee for PLN 33.7 million (EUR 7.8 mln), Benefit said in a press release.
According to the agreement, Wellbee will continue to be developed by the company's founders and the remaining shares will be bought out on an earn-out basis based on financial results in 2025 and 2026.
As stated, the share purchase will strengthen MultiLife's product offering for employee psychological support.
"The sustained high level of interest in physical activity within MultiSport motivates us to expand our offer with more health-supporting solutions - hence the intense focus on the development of MultiLife within the Benefit Systems product ecosystem," member of the management board Emilia Rogalewicz said, quoted in a press release.
"Recently, we have seen how important mental health has become, and we believe that benefits supporting wellbeing will be another standard in non-wage benefit packages in a few years' time, as was the case with the MultiSport Programme," she added.
Wellbee is a mental health and personal development platform supporting the wellbeing of individuals and businesses. The platform provides fast online and onsite access to over 300 professionals.
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