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Tag Archives: vitamins

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Manufacturing results news briefs – stories you might have missed

Manufacturing NewsBy Staff ReporterAugust 31, 2023

Austin powers ahead on benefits from revamped manufacturing Perth mining equipment manufacturer Austin Engineering has reported an EBITDA of $31 million for FY23 on revenue up 27 percent on the previous year to $258 million. Operating cash flow for the year was $15.8 million, up 236 percent, with the company ending the year with an…

Blackmores – the latest to fall to foreign takeover

Analysis and Commentary, Manufacturing NewsBy Peter RobertsJuly 21, 2023

By Peter Roberts Sydney vitamin manufacturer Blackmores has fallen victim to foreign takeover and will be removed from listing on the ASX. Japanese company Kirin Holdings, best known as a beer and beverage group, is to buy the company in a takeover valuing the business at $1.8 billion. The friendly takeover by the member of…

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