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