Elixinol Wellness Ltd (AU:EXL) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Elixinol Wellness Ltd has completed its strategic acquisition of The Healthy Chef, a premium lifestyle brand, enhancing its presence in the wellness and sustainable nutrition market. This move is expected to boost revenue growth and expand margins, as the company integrates The Healthy Chef into its existing brand portfolio. Elixinol aims to innovate and achieve sustainable growth in both Australian and U.S. markets through this acquisition.
For further insights into AU:EXL stock, check out TipRanks’ Stock Analysis page.
