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CONSUMER PRODUCTS & SERVICES | Personal / Personal Care Products

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Stage

Corporate Majority | Acquired

About iNature Organic Care

iNature Organic Care makes personal care products.

iNature Organic Care Headquarter Location

Sydney, New South Wales,

Australia

Latest iNature Organic Care News

Star Combo Acquires Majority Stake in iNature Organic

Nov 25, 2019

Star Combo Acquires Majority Stake in iNature Organic   Star Combo Pharma Limited has entered into an agreement to acquire a 51% stake in Australian iNature Organic Care that will expand its footprint in China. WHO:  iNature has been in operation for 15 years, founded by former skincare executive Julia Chan, using carefully sourced native fruit extracts and products from Queensland organic suppliers. The calendula-based, gentle yet effective formulations are designed for the whole family. The company has built a strong pipeline and reputation in China for products focused on infant and maternal health. Founded in 2004, Sydney-based  Star Combo is a leading distributor and manufacturer of premium health and natural beauty products. The company is directed by pharmacists and experts in health supplement manufacturing curating health products made from natural ingredients with scientific R&D and manufacturing practices. Their products are distributed within Australia and to overseas markets. WHY: The acquisition provides Star Combo with access to new consumers as well as an established distribution network of 3,000 retail outlets in China. IN THEIR OWN WORDS: “This can be a strategic acquisition that opens new gross sales and distribution channels in China for our Australian-made merchandise and whereas the preliminary price is comparatively small (AU$300ok upfront fee) there exists the potential for added funds, topic to vital earn-out provisions,” Chairman of Star Combo Richard Allely mentioned in a statement. “We anticipate the acquisition to be instantly earnings accretive.” DETAILS:  Star Combo has acquired a 51% stake in iNature Organic Care. iNature has a sales and marketing team and networks that Star Combo can use across its full brand portfolio. iNature’s products are available through a set distribution network of 3,000 retail outlets in China. Under the deal, Star Combo will manufacture iNature consumer health products in its manufacturing facilities located in Sydney, Australia, resulting in further cost savings. Photo: via iNature

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