Acquisitions within the Wellness Industry
Homart Group acquires leading health & wellbeing brands Thompson’s® Herbals and Thursday Plantation®, further expanding footprint and scale in the ANZ Market
Homart Group (Homart), a Sydney-based global market leader in health supplement, skincare, and functional dairy products, has successfully acquired Thompson’s® Herbals, an iconic New Zealand Vitamin, Mineral, Herbal and Supplement (“VMHS”) brand with 74 years of history. The company is also in the final stage of completing the acquisition of Thursday Plantation®, an Australian natural essential oils brand.
Leveraging its significant expertise in product innovation and international market know-how, Homart aims to further propel the growth of Thompson’s® Herbals and Thursday Plantation®. The addition of these two brands will significantly enhance Homart's operation scale in the Australian and New Zealand (ANZ) markets, building on 32 years of predominantly export-driven expansion for Homart. Homart’s proforma revenue with the contribution of Thompson’s® Herbals and Thursday Plantation® is expected to exceed $100 million in the 2024 financial year.
Homart's products are distributed globally under twelve company-owned brands: Spring Leaf, Top Life, Health N Nature, Autili, Ausvita, CHERI, Little Innoscents, GrandPawPaw, and Petmima. Homart is a multi-award winner and has been recognised for its commercial achievements as an exporter of Australian-made health and wellbeing products. Homart received the 2023 Premier’s NSW Export Award for the e-commerce category.
“This significant development aligns with our strategic vision to expand our domestic brand presence by acquiring a company with deep roots in Australia and New Zealand through their well-known brands, which are recognised for their quality and heritage.”
“Both Thompson’s® Herbals and Thursday Plantation® bring rich histories to the Homart portfolio and will enhance Homart's offerings and reinforce its commitment to quality and innovation in the health and wellness sector,” says Jeffrey Yeh, Homart Group Managing Director
