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Merino & Co Raises $6.35M IPO, Triples Production Capacity with Automation

5:56pm on Sunday 1st of June, 2025 AEST Manufacturing
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Merino & Co Raises $6.35M IPO, Triples Production Capacity with Automation

5:56pm on Sunday 1st of June, 2025 AEST
Key Points
  • Raised $6.35 million through IPO and ASX listing in October 2024
  • Secured larger manufacturing and distribution facility in Wangara, WA
  • Tripled garment manufacturing capacity with new automated machinery
  • Cash position of $3.8 million at quarter-end with ongoing investment in inventory
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