Infant formula and baby food maker Bubs Australia looks set to announce M&A news, according to a stock-exchange filing from the company.

Bubs Australia today (29 March) requested a halt in the trading of its shares on the Australian Securities Exchange “pending an announcement … in relation to a proposed acquisition and an associated proposed capital raising”.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

The company has asked for the pause in share trading to last until the start of normal trading on Tuesday or when the firm makes a further announcement and asks for the halt to be lifted, whichever comes first.

Bubs Australia has already announced a number of corporate moves in 2019. Earlier this month, the business set out a distribution deal in China with local infant-formula group Beingmate.

A week earlier, Bubs Australia said it was leaving a dairy joint venture with Uphamgo Australia, a partnership formed through its 2017 acquisition of goat’s milk business NuLac Foods.

Last month, Bubs Australia announced what it called a “long-term strategic supply partnership” with Tatura Milk Industries, a subsidiary of Bega Cheese, to produce goat’s milk infant formula.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now