Metlifecare Limited entered into a sale and purchase agreement to acquire Six retirement villages and its laundry operations from The Selwyn Foundation on November 25, 2021. The consideration for the six villages was NZD 212.4 million. All staff and residents have now come under the care of Metlifecare at Selwyn Park (Whangarei), Selwyn Heights (Auckland), Selwyn Oaks (Auckland), Selwyn Wilson Carlile (Hamilton), Selwyn St Andrew's (Cambridge) and Selwyn Sprott (Wellington), and the commercial laundry in Auckland has also transferred. Completion of the acquisition was contingent upon the satisfaction of several conditions, typical in transactions of this nature, including amongst others, approval from the Overseas Investment Office, Ministry of Health, relevant District Health Boards, and the Statutory Supervisor. All of these conditions were satisfied on 28 February 2022.

Metlifecare Limited completed the acquisition of Six retirement villages and its laundry operations from The Selwyn Foundation on February 28, 2022.