Accident Compensation Corporation completed the acquisition of the 18% stake in Les Mills International from the Mills Family Trust and minority shareholders.

Accident Compensation Corporation, an entity responsible for administering the country's no-fault accidental injury compensation scheme, completed the acquisition of the 18% stake in Les Mills International, a fitness company, from the Mills Family Trust and minority shareholders. Financial terms were not disclosed. "It's the best of both worlds. We are going to get some fresh energy and expertise into the business with two new board members and the kind of financial backing that will help us access funding to execute further transformational growth initiatives," Philip Mills, Les Mills International Founder.