Formerly Biostime. Hong Kong listed Chinese dietary supplements and infant formula producer. Acquired 83% of Swisse in 2015.
|Health and Happiness (H&H) International Holdings Ltd||HKG||website|
|Health and Happiness (H&H) International Holdings Ltd|
The BIOSTIME China Foundation for Mother & Child was established in 2007 in partnership with the Red Cross Sociaty of China.
[Source 2015][More on Finance]
This company is a member of The Sustainability Consortium, an organization of diverse global participants that work collaboratively to build a scientific foundation that drives innovation to improve consumer product sustainability. They develop transparent methodologies, tools, and strategies to drive a new generation of products and supply networks that address environmental, social, and economic imperatives.
[Source 2019][More on Multi-Stakeholder Initiatives]
|Company Structure||Public company|
|# Employees||3,300 in 2015|
|Subsidiaries||Swisse Wellness Pty Ltd|
|Address||Guangzhou, Hong Kong (China)|
Products / BrandsSwisse
Swisse now foreign owned
8th Oct 2015 — Hong Kong-listed company Biostime International Holdings on Thursday won the auction to buy Swisse, beating out two Chinese companies, Hony Capital and manufacturer Shanghai Pharma, on the way. Swisse will remain based in Melbourne, with a head office in Collingwood, but 83 per cent of the company is now in the hands of Biostime.
The Swisse deal highlights the demand for Australian brands and products in China, which are regarded as "clean and green" when compared with domestic produce.
See more about the companies behind health supplements at Shop Ethical! vitamins comparison page.[source]