L’Occitane sells Melbourne-founded Grown Alchemist in $46 million deal
Melbourne-founded skincare brand Grown Alchemist will return to private ownership in a deal worth $46 million, two years after it was acquired by global beauty giant L'Occitane Group.
Small business fintech Prospa subject to $74 million takeover bid
Innovative small business lender Prospa is subject to a takeover bid worth nearly $74 million, which could sweep the fintech off the ASX five years after its much-hyped but tumultuous public listing.
Sara Lee rescued from administration, serving just desserts for 200 Australian workers
Beloved frozen dessert manufacturer Sara Lee has been rescued from administration, thanks to a buyout from a team with close family ties to the successful turnaround of Darrell Lea.
“Killer” buyouts: Small business acquisitions under Competition Taskforce scrutiny
Acquisition by a major company is the end goal for many small business founders, but the federal government's new Competition Taskforce promises to scrutinise Australia's deal-making scene -- and the "killer" acquisitions that make it harder for homegrown businesses to flourish on their own.
Collabosaurus changes hands in rare women-led tech exit
Jessica Ruhfus founded Collabosaurus in 2015 as a matchmaking tool to facilitate collaborations between brands.
Kayla Itsines and Tobi Pearce buy back Sweat from US owner after $200 million sale
Kayla Itsines and Tobi Pearce will once again lead the Sweat fitness empire they founded, after buying back the company they sold to US firm iFIT for millions.
“It isn’t easy”: Julie Mathers on building, and rebuilding, the Flora & Fauna e-commerce site
Many founders could tell you about starting a successful e-commerce business. Fewer could describe restarting one. Julie Mathers, founder of eco-conscious retailer Flora & Fauna, is among those select few.
Outland Denim adds Nobody Denim to its wardrobe as it gears up for third equity crowdfund raise
Purpose-driven retail group Outland Denim has international expansion firmly in its sights, as it brings Melbourne-founded Nobody Denim into its growing stable of brands and embarks on its third equity crowdfunding campaign.
Atlassian bets $1.5 billion on the future of hybrid work with Loom acquisition
Australian workflow management giant Atlassian has acquired US video messaging platform Loom for $1.5 billion, reaffirming its faith in asynchronous meetings and remote work options.
Whole Kids owner Nourish Foods acquired out of administration by Tempo Group
Whole Kids, and its sister brands Offbeat and Just Add, have been acquired by the family-owned Tempo Group.
Vitality Brands scoops up Torquay-founded Tribe Skincare and plans US expansion
Tribe Skincare was founded in 2017 by Kayla Houlihan after five years of running her own skin clinic in Geelong in regional Victoria where she helped people with their unique skin concerns.
List: The Aussie lifestyle brands acquired for hundreds of millions of dollars in 2023
International companies and investment groups have snapped up some of Australia's most prominent brand names through 2023.
