AHAlife Holdings Limited Announces Completion of Design Milk Acquisition
AHAlife Holdings Limited announces the completion of the acquisition of all assets relating to Design Milk.
SYDNEY & COLUMBUS, Ohio, March 5, 2019 /PRNewswire-PRWeb/ -- AHAlife Holdings Limited (ASX: AHL) is pleased to announce the completion of the acquisition of all assets relating to the award-winning digital media platform, Design Milk.
Founded in 2006 by Jaime Derringer, Design Milk is a globally recognized design and lifestyle focused website sharing the latest news in art, architecture, interior design, furniture, decor, fashion, and technology to a highly engaged audience. The media platform is set to grow and diversify AHL's revenue mix through the introduction of paid advertising.
The transaction further establishes AHL as a leading digital marketplace and resource for inspiring design and content. Both AHL and Design Milk share a strong commitment to showcasing the best in modern design and supporting emerging designers and brands from around the world. AHL's proprietary technology platform supports Design Milk growth opportunities through the addition of new content-focused lifestyle e-commerce websites, which will showcase the latest industry updates on brands, products, events and news from the design world in a curated and engaging way. The acquisition delivers on AHL's stated strategy of lifestyle and product diversification through multiple brand websites supported by a single shared service platform.
"Design Milk, built over many years of unwavering focus toward high-quality content, has become a globally recognized leader and authority on modern design. I am very excited to partner with Jaime to continue bringing authentic and inspiring modern design news to the Design Milk audience. The AHL Board and Management, together with Jaime, see huge potential to expand the e-commerce capability within the Design Milk ecosystem, providing lots of opportunities to engage with our combined audiences." - Robert Mancini, CEO of AHL.
The AHL executive team is excited to be joined by Jaime, who will join as Chief Creative Officer, and brings nearly two decades of experience in the design and media industries.
"We are thrilled to bring Design Milk to the next level. We have been growing Design Milk over the last decade and, now, after joining AHL we will be expanding and experimenting with the brand and platform, all the while continuing to lead the industry in design media, trendspotting and quality content" said Design Milk Founder, Jaime Derringer.
About AHAlife.com
AHAlife.com is a curated destination for discovering over 4,000 independent designers & artisans in 45+ countries. We search the world for exceptional, quality objects spanning the fashion, accessories, tech, home design and beauty + well being categories. The company's mission is to empower discerning individuals to live a more conscious and inspired life through supporting creativity. For more information, please visit http://www.ahalife.com or download the AHA app.
SOURCE AHAlife Holdings Limited
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