26 Sep

Comvita completes Olive Products Australia takeover

New Zealand medicinal honey company Comvita has today completed its acquisition of Olive Products Australia (OPA).

OPA is a complementary medicine grower, manufacturer, wholesaler and retailer in Queensland. It has developed a system to grow and extract the active compounds from olive tree leaves for use in human and therapeutic products.

Neil Craig, chairman of Comvita said: “The acquisition of OPA gives Comvita another unique product platform from which we can extend our existing product range and utilise our existing international distribution channels to increase sales from OPA’s mainly Australian domestic focus to date.”

[Source] Click here

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