Derma Buys Into Comvita
Radio New Zealand, 9/5/2013
Derma Sciences, a specialist wound care company, has bought a 7% stake in manuka honey products manufacturer Comvita.
The two companies have a history of working together: Derma Sciences owns the global licence to make Comvita's Medihoney products, and Comvita already owns a 6% stake in Derma.
Global demand for manuka honey is increasing and Derma says the investment helps secure the supply of its biggest single raw ingredient…