Business & Finance
Business and Finance
Business and Finance
Wed, July 22, 2009
Tue, July 21, 2009 BoNa Coffee Holdings Corp.: BoNa Coffee Holdings Corp. Announces the Acquisition of Ayurveda Medical Spa and Wellness Corp.
NEW YORK, NY--(Marketwire - July 21, 2009) - BoNa Coffee Holdings Corp. (
Ayurveda Medical Spa and Wellness Corporation owns and operates a high-end salon brand and soon-to-open cosmetic surgery clinic and day spa in Manila, Philippines. The salon, Sujiivana Salon, made its debut at the recent Martha Stewart Bridal Fair, where other BCHC owned companies, BoNa Coffee Company and Bohemian Nation Trading Co., were also featured as partner companies.
Sujivana Salon prides itself for being the largest salon in Metro Manila with 60 styling chairs available for its clients. Not only is it the largest, Sujivana Salon offers exceptional service fit for a king and queen starting with its signature welcome drink called the Sujivana Sparkle-tini, relaxing all-white atmosphere and customized consultations based on the client's needs.
Globally, the hair industry is a $7B a year industry. In Asia alone, hair care being an integral part of Asia's beauty care and fashion, it covers almost 30% of that market (based on the $2.2B projected growth of the industry in 2012). As for the biggest economic booms of the century, the spa and wellness industry is currently raking in revenues amounting to $600B yearly. A forward-looking prediction from one of the leading economists, Paul Zane Pilzer, even emphasized that this industry will hit the $1T annual revenue by 2010. On the other hand, the cosmetic surgery market currently earns revenue of $10B in a year.
BCHC CEO and Ayurveda Medical Spa and Wellness Corp. directors concluded their agreement by sealing the acquisition midnight of July 18, 2009. Today, all are moving forward into the integration of these businesses to the BCHC Group of Companies.
"Our diversity of interests lends us flexibility and strength in these times," CEO Jose Luis Gonzalez said. "Our entry into the professional hair care industry and the wellness and cosmetic surgery industry marks a significant move forward for BCHC. We are pleased with the acquisition of a key player such as Ayurveda Medical Spa and Wellness Corp."
For more information, visit: [ http://www.bonacoffeeholdingscorp.com/Press-Releases-0018.html ]
BoNa Coffee Holdings Corporation is a diversified holdings company incorporated in the state of New York.
Our acquisitions include BoNa Coffee Company, a gourmet coffeehouse brand; Bohemian Nation Trading Corporation, an import/export furniture and jewelry retail company; Serenity Land Development and Property Management Corporation; and Ayurveda Medical Spa and Wellness Corp., operators of Sujiivana Salon and Sujiivana Day Surgery and Spa.
