Blackmores

Blackmores
Company typeSubsidiary
IndustryHealth supplement
Founded1938
FounderMaurice Blackmore
Headquarters
Sydney
,
Australia
Revenue$650 million (2021/22)
$57 million (2021/22)
Number of employees
1,200 (June 2022)
Parent
Websitewww.blackmores.com.au

Blackmores Limited is an Australian health supplements company founded in 1938 by naturopath Maurice Blackmore (1906–1977), when Blackmore opened the first health food shop in Australia in Brisbane.[1][2] It manufactures an extensive range of vitamin, mineral and herbal supplements, sold in 17 markets[3] across the Asia Pacific region.

In May 1985 it was listed on the Australian Securities Exchange. In 2017, Blackmores was inducted into the Queensland Business Leaders Hall of Fame.[4]

In April 2023, Kirin launched a A$1.88 billion takeover bid for Blackmores.[5] On 9 August it was announced that the purchase had been completed.[6]

References

  1. ^ Leser, David (18 December 2014). "Marcus Blackmore: the medicine man". Sydney Morning Herald.
  2. ^ Schmidt, Lucinda (27 January 2016). "Demand for Health Supplements Propels Marcus Blackmore onto Aussie's Richest". Forbes. Retrieved 6 August 2017.
  3. ^ "Performance Data". Blackmores. Retrieved 17 December 2022.
  4. ^ "Blackmores". Queensland Business Leaders Hall of Fame. Retrieved 6 August 2017.
  5. ^ Carey, Alexis (27 April 2023). "Australia's Blackmores vitamins snapped up by Japanese beer juggernaut in $1.88b takeover". News.com.au. Retrieved 27 April 2023.
  6. ^ "Kirin Health Science Australia Pty Ltd completed the acquisition of Blackmores Limited from AustralianSuper Pty Ltd., FIL Limited, Marcus Charles Blackmore and others". Market Screener. Retrieved 15 December 2023.
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