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Star Combo Announces Acquisition of Ausway Group of Companies

Star Combo Pharma Limited (ASX:S66) today announced that it has signed a Heads of Agreement to acquire the Ausway Group of companies (Ausway) being, Ausway Pharmaceutical Pty Ltd, Austoyou Group Pty Limited and Koala Mall Pty Limited.

Ausway specialise in the supply and distribution of vitamins and dietary supplements both in Australia and overseas with a particular emphasis on its e-commerce platform which sells directly into China. Ausway currently generates revenues in excess of $18 million with positive earnings.

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