Beauty Farm Medical Updates Acquisition of Naturade Brand Businesses
Beauty Farm Medical & Health Industry Inc. has provided a supplemental update regarding its acquisition of equity interest in businesses operating under the Naturade brand. The company emphasized that the consideration for the acquisition was determined based on factors such as the business and historical performance of the target companies, as well as the potential for improved financial performance through economies of scale and optimized resource allocation. Beauty Farm stated that the transaction aligns with its long-term strategy to expand its geographical presence in the Greater Bay Area and is expected to enhance regional advantages, increase revenue and efficiency, and drive overall profitability. All other details from the previous November 18 announcement remain unchanged.
