Unwelcome discovery for Me Today on $36m honey acquisition
Revenue forecast slashed as excess inventory found in China market.
Tim Hunter
Fri, 24 Sep 2021
Fledgling supplements and skincare company Me Today has suffered a setback with its newly acquired mānuka honey business King Honey after discovering stocks held by its distributor in China were much larger than expected.
The finding has reduced expected ebitda for King Honey to zero for the
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Tim Hunter
Fri, 24 Sep 2021
Contact the Writer: thunter@nbr.co.nz
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Unwelcome discovery for Me Today on $36m honey acquisition
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