Nutricare has raised US$3.1 million via an entitlement offer
Nutricare Pty Ltd has raised funds to support its growth strategy.
Nutricare is an eco-solution-based FMCG industry pioneer. The company is ranked number two by Mintel for the second quarter running as one of the fastest-growing brands in the medical devices sector in the US and distributed by over 35,000 retailers in 41 countries across the world. Nutricare has a unique set of assets and capabilities that can be leveraged in new, larger markets. The company’s PATCH collection is a series of toxin-free, natural and eco strop bandages that are made from soft FSC, OEKO-TEX standard 100 certified bamboo fiber and gauze with hypoallergenic pressure-sensitive adhesive.
Oaklins’ team in Australia acted as the lead manager and underwriter in this transaction.
Talk to the deal team
Related deals
Xeros Technology Group has completed a placing, subscription and retail offer
Xeros Technology Group plc has raised funds to drive forward its commercialization strategy.
Learn morePCI Pal has completed an equity raise
PCI Pal has completed a fundraising. Funds will be allocated towards several key areas, with a significant portion directed towards supporting its continued expansion in the US, focusing on marketing efforts, product marketing and enhancing engagement with key partners.
Learn moreCARSO Group has acquired a majority stake in AQCF Group
CARSO Group, a leading provider of testing services, has acquired a majority stake in AQCF Group, a key player in the field of food safety.
Learn more