Wellous Group Limited is set to become a publicly listed company following its merger with Kairous Acquisition Corp., aiming to expand its footprint in the burgeoning health and wellness industry.
Target Company Overview
Wellous Group Limited, founded in 2016, is at the forefront of the nutrition and multifunctional food product sector. The company specializes in sourcing naturally derived ingredients to maximize the health benefits of its offerings. Wellous provides exceptional quality and difficult-to-find raw materials from countries such as New Zealand, Japan, and South Korea. With its operations based in Malaysia, Wellous has established a significant presence in the Asia-Pacific market, including Malaysia, Singapore, and Hong Kong, while aiming to expand its global footprint further.
Wellous boasts an extensive portfolio of health food products supported by a skilled medical and research advisory board. This combination allows Wellous to cater to diverse consumer demographics across various generations, cultures, and income levels. The company empowers its users to address their individual health and wellness needs, enhancing both shopping and online interaction experiences.
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Industry Overview
The health and wellness industry in Asia, particularly in Malaysia, is experiencing substantial growth. Increasing consumer awareness regarding health benefits and nutrition has triggered a surge in demand for dietary supplements and health food prod
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Kairous Acquisition Corp. Limited
invested in
Wellous Group Limited
in 2022
in a Public-to-Private (P2P) deal
Disclosed details
Transaction Size: $270M