PRESS RELEASE: ROK Stars Acquires Marula Oil
Category: Word Press
DGAP-News: ROK Stars PLC / Key word(s): Acquisition ROK Stars Acquires Marula Oil
11.11.2013 / 08:01
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ROK Stars Acquires Marula Oil
Monday 11th November 2013
Ticker Symbol: RKS WKN: A1H7NB
ROK Stars, the consumer and environmental products development company, have announced the acquisition of the privately held US-based skincare line Marula Oil and will take over all day-to-day financial and production operations immediately.
'We are very excited to have acquired this uniquely positioned and highly effective skincare brand,' says Chairman of ROK Stars, Jonathan Kendrick. 'Marula Oil fits perfectly within our mandate to acquire, develop and market highly innovative consumer and industrial products.'
ROK Stars plans to implement an aggressive sales strategy to expand the current sales outlets in the US, Europe and Asia. Currently the line consists of 4 products: 1 oz. and 1.7 oz. bottles of Marula Oil, a cleanser and moisturizer.
Several more products are in development including an intensive, hydrating eye cream and a luxurious lip balm and will be brought to market within the next 6 months.
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PRESS RELEASE: ROK Stars Acquires Marula Oil
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