Omya closes acquisition of Formulae Development
Omya has announced that it has completed the acquisition of Formulae Development. Terms of the deal were not disclosed.
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Boom then Bust? Cannabis companies struggle to maintain cash flow through the crisis
The COVID-19 pandemic could shape up to be an ‘extinction-level event’ for the burgeoning cannabis industry, according to a report published by Bloomberg.
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Naturals will still rule consumer hearts: L Catterton invests in Japan’s Etvos
L Catterton’s Asia fund has announced a ‘significant investment’ in Japanese natural cosmetic brand Etvos.
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Charlotte’s Web appoints new COO
Charlotte’s Web has named David Panter as Chief Operating Officer, effective immediately.
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Google announces $800 million coronavirus donation package
Google has announced a $800 million donation package that will help a range of charities and support initiatives that aim to lessen the impact of the COVID-19 pandemic.
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Hindustan Unilever snaps up Glenmark’s VWash brand
Glenmark Pharmaceuticals has announced that it has entered into an agreement to sell its VWash brand to Hindustan Unilever. Under the terms of the deal, HUL will pay an upfront sum as well as deferred consideration based on sales for three years, although the exact sum was not disclosed.
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Well-being firm Tycoon proves agility with COVID-19-inspired deals
Hong Kong-based Tycoon is said to be gearing up for an IPO and has signed a Joint Venture with CR Pharm to tap the vast and growing PRC health care and hygiene products market.
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Planet Organic acquires As Nature Intended
Planet Organic has announced the acquisition of London-based organic and natural food stores As Nature Intended
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B.well Connected Health closes US$16 million funding round
b.well Connected Health has announced that it has closed a US$16 million Series A investment round led by UnityPoint Health Ventures.
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AmorePacific opens Green Tea research center
AmorePacific has announced the opening of a Green Tea Probiotics Research Center to deepen the study of lactobacillus recently discovered in its Jeju organic green tea garden.
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