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Skin Elements buys McArthur Skincare

Recently ASX-listed Skin Elements has acquired a Perth-based therapeutic and cosmetic skin care products company for $1 million in cash and scrip.

Perth-based Skin Elements said it would pay $400,000 in cash and $600,000 in shares to acquire McArthur Skincare, with the deal to expand its range to 29 products covering therapeutic skin care, sun care and cosmetic skin care.

Following completion of the acquisition, Filipo Giglia will represent McArthur on Skin Elements’ board as a non-executive director.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/10/17

1 year TSR5 year TSR
thDragontail Systems0%0%
6thAusCann Holdings4275%137%
753rdAurora Labs-60%0%
726 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

169th-Skin Elements$311k
171st-AusCann Holdings$260k
172nd↑Aurora Labs$238k
174th↓Ephraim Resources$219k
175th-Dragontail Systems$166k
233 listed industrial companies ranked by revenue.
Source: Morningstar

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