CPH

  1. 755 Posts.
    This is an excellent investment!!


    HOMEX - Sydney

    +++++++++++++++++++++++++
    CPH Management Limited, as Responsible Entity for CPH Investment Corp
    ("CPHIC"), today announced that it has acquired a 25 percent interest
    in Jurlique International Pty Ltd ("Jurlique") for $25 million cash.
    This investment includes options to increase its investment to a
    majority position over time.

    To date, the business has been largely self-funded and has carried
    minimal external debt. A significant proportion of the investment by
    CPHIC will be used to accelerate Jurlique's international expansion
    and harness the company's considerable capacity to expand production.

    CPHIC believes the high growth, high margin, cash generative business
    and strong management team makes a compelling case for investment.
    The Company has experienced significant growth in both revenue and
    profitability over the last few years and expects to benefit from
    numerous opportunities that exist to continue to increase its sales
    and distribution channels.

    Jurlique founder and owner Dr Jurgen Klein said: "We are extremely
    excited about gaining a strategic investor such as CPHIC and believe
    that by working with the contacts they bring to the table, we can
    significantly expand sales and distribution of the Jurlique product
    both in Australia and internationally."

    The company is now in the process of actively rolling out company
    owned stores in the United States and increasing its distribution
    throughout Asia and Europe. The majority of current earnings are
    generated from Australia and sales to the United States.

    Further Information:

    Mark Rudder
    Cosway Australia
    Phone: (02) 9929-8344
    Mobile: 0411 362 362
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.