Jurlique International Announces Acquisition by POLA Orbis

Jurlique International signed a share purchase agreement with POLA Orbis Holdings Inc., wherein POLA is purchasing 100 percent of the shares of Jurlique. "The POLA transaction represents a significant and exciting milestone for Jurlique," says Sam McKay, president and CEO of Jurlique. "Our brand is well positioned with a strong presence and compelling momentum in key strategic markets, with a focus on Asia, the Americas, and our home market Australia. I look forward to working closely with POLA to pursue opportunities to further accelerate growth on a global scale; both in terms of greater penetration of existing multi-channel distribution and geographic expansion." The transaction is scheduled to close once certain regulatory and commercial approvals are received.