Centric Health currently has operations in medical assessments, disability and rehabilitation management, physiotherapy and surgical centers, homecare, specialty pharmacy and wellness and prevention.

The Blue Water Surgical & Medical Centres operate facilities which offer a variety of cosmetic, bariatric and endoscopy services covering South Western Ontario.

The LSC, located in South London, Ontario, is a newly constructed facility offering a range of scoping procedures.

Centric Health CEO Daniel Carriere said the acquisition of Blue Water Surgical & Medical Centres enhances their geographic coverage and expansion by creating a significant footprint for Centric Health in South Western Ontario.

"The Centres offer an impressive variety of cosmetic and surgical treatments, incorporating various endoscopic procedures, a growing bariatric practice and significant potential for growth in other associated surgical areas," Carriere said.

The closing is expected to occur in June/July, 2011, subject to further satisfactory due diligence, definitive documentation, financing and regulatory approvals and customary closing conditions.