Bubs charges ahead on goat milk

April 12, 2018

Bubs Australia's acquisition of goat milk specialist NuLac Foods has given sales a healthy boost.

Baby food maker Bubs Australia's recent acquisition of a goat milk products maker has helped deliver a boost in third quarter sales.

Bubs says third quarter net sales grew to $5.2 million, on the same quarter last year, thanks to additional revenues from the first full quarter of trading from its NuLac Foods business which it bought in a $39 million deal last November.

Chief executive Nicholas Simms says the company continues to make solid progress on its plans to increase its domestic market share and expand into China.

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