Latest news with #ChemistWarehouse
The Age
3 days ago
- Business
- The Age
Chemist Warehouse family pays $22.8m for six houses to demolish them
Can't find your dream home? In Melbourne's well-heeled inner east, one option is to buy out your neighbours – and build it. The Verrocchi family, of Chemist Warehouse fame, have bought six adjacent houses in Toorak for a combined $22.83 million and secured a planning permit to build a new residence. They're not alone, as families with the means look to create homes that suit their needs rather than buying someone else's vision. Matthew and Nicole Verrocchi are set to demolish the existing mix of town residences and apartments to build their dream home. Matthew's father is Mario, Chemist Warehouse co-founder, and Matthew is part of the empire as well as managing director of Bondi Perfume Co. The first purchase was in 2017, a $5.78 million contemporary home in Toorak marketed with a butler's pantry, barbecue and heated swimming pool. The selling agent was Marshall White's Marcus Chiminello who could not be reached. Their next buy the following year was the home of their next-door neighbour to the south for $2.4 million, also through Marshall White, described in its listing as an original Edwardian residence and opportunity for a new luxury home. The couple spent another $2.4 million in 2022 on the next house to the south, a four-bedroom town residence with skylights, stainless-steel appliances and a rear courtyard, through Woodards South Yarra. In 2023, they bought out the neighbour on the north side of their original purchase, paying $5 million, then in 2024, they added the next neighbour to the south side of their expanding footprint for $2.75 million.
Sydney Morning Herald
3 days ago
- Business
- Sydney Morning Herald
Chemist Warehouse family pays $22.8m for six houses to demolish them
Can't find your dream home? In Melbourne's well-heeled inner east, one option is to buy out your neighbours – and build it. The Verrocchi family, of Chemist Warehouse fame, have bought six adjacent houses in Toorak for a combined $22.83 million and secured a planning permit to build a new residence. They're not alone, as families with the means look to create homes that suit their needs rather than buying someone else's vision. Matthew and Nicole Verrocchi are set to demolish the existing mix of town residences and apartments to build their dream home. Matthew's father is Mario, Chemist Warehouse co-founder, and Matthew is part of the empire as well as managing director of Bondi Perfume Co. The first purchase was in 2017, a $5.78 million contemporary home in Toorak marketed with a butler's pantry, barbecue and heated swimming pool. The selling agent was Marshall White's Marcus Chiminello who could not be reached. Their next buy the following year was the home of their next-door neighbour to the south for $2.4 million, also through Marshall White, described in its listing as an original Edwardian residence and opportunity for a new luxury home. The couple spent another $2.4 million in 2022 on the next house to the south, a four-bedroom town residence with skylights, stainless-steel appliances and a rear courtyard, through Woodards South Yarra. In 2023, they bought out the neighbour on the north side of their original purchase, paying $5 million, then in 2024, they added the next neighbour to the south side of their expanding footprint for $2.75 million.
AU Financial Review
5 days ago
- Business
- AU Financial Review
Chemist Warehouse insiders dump shares worth $4.7b in mass exit
One franchisee has sold $650 million worth of Chemist Warehouse shares, another a stake valued at $380 million. Ever since the pharmacy giant's debut on the ASX through a merger with wholesaler Sigma Healthcare, its biggest shareholders have been making a mint offloading stock. In all, some 37 per cent of the $13.8 billion in shares that aren't restricted from sale have changed hands since the February backdoor listing, which created one of the largest companies on the ASX and transformed Chemist Warehouse's founders into some of the wealthiest people in the country.
Daily Mail
27-05-2025
- Health
- Daily Mail
Popular baby product recalled over glass fragment fears
A 'critical' product recall has been issued after a customer complained about glass fragments inside a bottle of baby teething powder. Weleda Australia is recalling a batch of the Weleda Baby Teething Powder 60g. The company thinks there was a fault during the packaging of the batch '(B) 231302' which may have caused glass fragments to spill into other bottles from the same batch. The expiry date for the affected product is 11/2026. 'If glass fragments are present in the powder and applied to an infant's gums, they could cause discomfort, pain or minor injury,' the Therapeutic Goods of Australia (TGA) recall statement said. 'In more serious cases, there is a risk of choking or internal injury, including damage to the gastrointestinal tract, which may require urgent medical attention.' No other batches were affected by the recall. The powder can be bought online and in chemists across Australia, including major pharmacies like Priceline and Chemist Warehouse and in discount department store Big W. The TGA advised that customers should stop using the product immediately. Customers can return the bottle to the store they bought it from for a replacement or refund. Weleeda is a multinational company headquartered in Switzerland which makes a range of naturopathic focused products. The same product was previously recalled in 2019 after soft, white slivers of plastic from the cap had the potential to contaminate the product. The TGA also advised to contact Weleda Australia at assist@ or phone 1300 551 454 for further information.
Yahoo
27-05-2025
- Health
- Yahoo
Popular baby product urgently recalled
A popular baby teething powder has been recalled over fears that glass fragments could be found inside the bottles. Weleda Australia Pty Ltd is recalling one batch of the Weleda Baby Teething Powder 60g, after a person complained there was a fragment of glass inside the bottle. It's believed a fault during the packaging process on the batch (B) 231302 may have caused some glass fragments to spill into other bottles from the same batch. 'If glass fragments are present in the powder and applied to an infant's gums, they could cause discomfort, pain or minor injury,' the Therapeutic Goods of Australia recall read. 'In more serious cases, there is a risk of choking or internal injury, including damage to the gastrointestinal tract, which may require urgent medical attention.' No other batches have been affected by the recall. The powder is available for purchase online and in-store at chemists across the country, including Priceline and Chemist Warehouse. Customers have been urged to stop using the product immediately and return the item to the store where they bought it for a replacement or refund. Alternatively, customers can contact Weleda Australia directly via email assist@ or phone 1300 551 454
