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Big Law

Cosmetics retailer makes ASX debut

Baker McKenzie has acted for a cosmetics and health products company on its IPO and ASX-listing.

February 28, 2019 • By Emma Musgrave
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Firm: Baker McKenzie (Mediland Pharm)

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Deal: Mediland Pharm has listed on the Australian Securities Exchange (ASX) and launched an IPO.

 
 

Value: $62.5 million

Area: Financial services

Key players: The Baker McKenzie team was led by head of financial services Bill Fuggle, with assistance from lawyer Amy Xi.

Deal significance: Founded in 2002, Mediland is a retailer that manufactures cosmetic and health products, as well as a selection of wool products and jewelry.

Over the past 16 years the company has parntered with major Chinese travel agencies and tour operations as part of its strategy to service the Chinese inbound tourism sector in Australia.

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Mediland currently has stores in Sydney, Melbourne and the Gold Coast – all seeing significant foot traffic from Chinese tourists, according to a Baker McKenzie statement.

“We were delighted to act for our client, Mediland Pharm Limited, on what was a successful launch on the ASX,” the firm’s head of financial services Bill Fuggle said.

“The listing will assist the company [in raising] capital to expand their future operations.”

 

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Emma Musgrave

Emma Musgrave

Author

Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.

Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences. 

Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.

She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University. 

Email Emma on: This email address is being protected from spambots. You need JavaScript enabled to view it. 

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