Health food, supplements and sports nutrition
Vitaco began in 2007 when two Australasian health & wellness companies merged: Nutra-Life and Healtheries. Bought Bodytrim in 2014 and Musashi in 2015. Next Capital acquired a majority stake in 2007 and floated Vitaco on the ASX in 2015. Soon afterwards the company was acquired by Shanghai Pharmaceuticals and Chinese investment firm Primavera Capital.
|Vitaco Holdings Ltd||AUS||website|
| Shanghai Pharmaceuticals Holding Co., Ltd
owns 60% of Vitaco Holdings Ltd
| Primavera Capital Group
owns 40% of Vitaco Holdings Ltd
|Vitaco Holdings Ltd|
In 2009 Healtheries received Environment Victoria's DUMP (Damaging and Useless Materials in Packaging) Award for their Kids Care Fruit Smash satchels.
[Source 2009][More on Packaging]
On four separate occasions in 2011 the Therapeutic Goods Administration's Complaints Resolution Panel upheld complaints about ads by this company on the grounds that they breached advertising codes. The Panel requested this company withdraw the ads and not to use representations in the ads again.
[Source 2011][More on Irresponsible Marketing]
|Shanghai Pharmaceuticals Holding Co., Ltd|
This company's ownership structure is complex, but it is at least 24.8% owned by Shanghai SASAC, which is owned by the Govt of China, which has received criticisms, particularly over human rights.
[Source 2018][More on Governance]
In 2016 China's anti-monopoly regulator fined five domestic drug firms, including a subsidiary of this company, a total of close to 4 million yuan ($607,977) for fixing the prices of their medicines. Between April 2014 to September 2015 the companies raised the price of allopurinol tablets, a drug used to treat gout and kidney disease, the National Development and Reform Commission (NDRC) said in statements on its website.
[Source 2016][More on Governance]
|Company Structure||Public company|
|Subsidiaries||Musashi Pty Ltd|
|Address||Level 1, 82 Waterloo Road, North Ryde, NSW, 2113, Australia|
|Phone||02 9490 0300|
|Fax||02 9490 0399|
Products / BrandsVitaco
Abundant Earth Certified Organic
Abundant Earth Health Foods
Aussie Bodies Sports Nutrition
Balance Sports Nutrition
Bodytrim Weight Loss
Healtheries Health Bars
Healtheries Health Foods
Musashi Sports Nutrition
Musashi Weight Loss