Microskin Finalizes Acquisition of ISOCOL International
(Thomson Reuters ONE) -
LONDON, February 02, 2016 - Microskin plc (MLSKN:Euronext Paris) announced today
it has finalized the agreement to acquire the business of ISOCOL International
in an all-stock transaction.
"ISOCOL Rubbing Alcohol Antiseptic is one of the most versatile products on the
market and has been a must-have product in Australian households, with a
multitude of applications from general cleaning to skin treatment," said Barry
Amor, chairman of Microskin plc. "As a result of this acquisition we have an
established channel to expand the international distribution of ISOCOL as well
as Microskin's retail lines of sunscreens and other unique skin enhancement
products into the UK and European markets and open sales opportunities in India
and Asia."
Microskin has a personalized, color-matched line of waterproof, second skin
products that are currently used by people who want to conceal vitiligo,
rosacea, birthmarks, burns, eczema, lupus, keloid scarring, tattoos, and other
skin-related conditions. In addition, Microskin is in the process of regulatory
approval for Sunseal, a non-pigmented sunscreen that retains all the other
properties of the "second skin" product, including sweat proof, highly
waterproof, and long lasting.
About ISOCOL
The ISOCOL brand was founded in Australia in 1982 and has become one of
Australia's most trusted and iconic brands with the now very familiar Crocodile
on the green bottle, and the "One bottle, so many uses" slogan is easily
recognizable. ISOCOL has developed into a brand that is now widely recognized
and sold across Australia and New Zealand in all supermarkets and pharmacies.
About Microskin plc
Founded in 2005, Microskin plc is a public company that develops simulated
second skin for a variety of cosmetic and medical uses. Microskin's simulated
second skin is the world-leading product that combines years of cosmetic
chemistry research with a proprietary color-matching software. Because
Microskin's second skin does not rub off, it is water-resistant and lasts for
several days. Each client receives an individualized product kit that can
easily be applied at home. The company has licensed clinics in Australia,
Canada, Estonia, India, the Middle East, New Zealand, India, Turkey, and the
United States. For more information, please visit www.microskinuk.com.
MEDIA CONTACT: Jessica Yingling, Ph.D., Little Dog Communications Inc.,
jessica(at)litldog.com, +1.858.344.8091
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Microskin plc via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
Datum: 01.02.2017 - 23:55 Uhr
Sprache: Deutsch
News-ID 521473
Anzahl Zeichen: 3117
contact information:
Town:
London
Kategorie:
Business News
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"Microskin Finalizes Acquisition of ISOCOL International"
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