BWX buys majority stake in Zoë Foster Blake’s skincare brand for $89m
Carrie LaFrenzSenior reporter
Updated
Key Points
- Revenue ($m): 194.1, up 3.4pc from year-earlier 187.7
- Pre-tax profit ($m): 30.7 v year-earlier 19.7
- Net profit ($m): 23.7 v year-earlier 14.7
- Final dividend: 3.1¢, payable October 29
ASX-listed natural products player BWX Group has snapped up a majority stake of Financial Review Young Rich Lister Zoë Foster Blake’s Go-To Skincare for $89 million.
BWX counts skincare and makeup brands Sukin, Andalou Naturals and Mineral Fusion as part of its stable, and recently bought ethical platform player Flora & Fauna.
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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com
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