Financial News

Seaweed Bath Co Acquires Andalou Naturals and Mineral Fusion from Australian Conglomerate BWX Ltd.

Combined revenue of the brands is reportedly estimated to be up to $50 million.

Seaweed Bath Co. has acquired natural skincare brand Andalou Naturals and natural cosmetics brand Mineral Fusion from BWX Ltd, an Australian conglomerate. Natureza Growth Partners, a consumer growth equity firm, helmed Seaweed Bath Co.’s financing. The total revenue of all three brands is reportedly estimated to be up to $50 million. BWX acquired Mineral Fusion for a reported $38.4 million in 2017. At that time, Mineral Fusion had roughly $24 million in sales. That year, it acquired And...

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