API Archives - Inside FMCG

Priceline Pharmacy sales lift 2.4 per cent to $2.2 billion

API reports $4.0 billion in revenue for FY19 as flagship health and beauty retailer sees like-for-like sales return to growth.

API banks on its own “growth engines” after Sigma merger taken off the table

CEO Richard Vincent said API is no rush to sell its Sigma shares.

Sigma rejects API merger

Takeover bid “not in the best interests of shareholders”.

This week in FMCG

Take a look back on the big headlines from the week.

API flags due diligence in Sigma takeover

The health and beauty company anticipates signing a non-disclosure agreement shortly.

API offers $727m for Sigma Healthcare

Drug distributor plans to buy its rival in the face of increased competitive and regulatory pressures.

Coca-Cola Amatil invests in Aussie start-up Doshii

Soft drinks giant to support Doshii’s expansion.

API acquires Clearskincare Clinics for $127.4m

Cleanskincare Clinics will join API and provide non-invasive aesthetic services, focusing on specialty skin care, anti-ageing and acne treatments.

Goat milk formula experiencing explosive sales growth

Chemist Warehouse welcomes alternative milk formula.

Australian Pharmaceutical CEO steps down

Priceline owner’s CEO and MD stepping down, company updates guidance.

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