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BIF acquires shares in Cleanery

M&A12 February 2024BIFFinancials

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12 February 2024

Booster Innovation Fund adds Cleanery to its investment portfolio


Booster is pleased to announce the addition of Sustainable Care Company, trading as Cleanery, to the

Booster Innovation Fund (BIF) portfolio.


Cleanery operates in the clean technology sector, selling a range of eco-friendly cleaning and personal

care products that aim to have a reduced environmental impact compared to existing solutions. Cleanery

was formed in 2017 and is classified as an expansion stage business.


BIF will make a cash investment of $300,000. Following this transaction, Cleanery will represent 1.5% of

BIF’s investment portfolio which supports over 35 companies, and with a net asset value of over $19.4

million.


Investors can continue to purchase units in BIF on the NZX or can subscribe for units in the fund as part of

the process described in the fund’s Product Disclosure Statement (PDS) that is available at

www.booster.co.nz


For further information regarding BIF visit https://www.booster.co.nz/booster-investments/booster-

innovation-fund.aspx






For more information, please contact:

Gary Scott

Company Secretary

Booster Investment Management Limited

04 8944300



About Booster

Booster Investment Management Limited (Booster) is the manager and issuer of the Fund, and part of

the Booster Group which has been helping New Zealanders save since 1998. The group currently

administers superannuation and investment funds of over $6 billion on behalf of more than 190,000 New

Zealanders.

BIF is a managed investment fund that invests in early-stage companies founded on intellectual property

originated or developed in New Zealand.

For more information, including a copy of the Product Disclosure Statement, please visit

www.booster.co.nz

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.