Biolustré, a Texas-based manufacturer and distributor of branded hair care products, is seeking to join the PLUS-quoted market in an introduction handled by adviser Alfred Henry. The company, whose products include hair repair, exfoliating shampoo and conditioning sealants, has previously raised US$1 million (£550,000) privately to promote expansion in the USA, and is currently seeking a similar sum ahead of its PLUS launch to support a European expansion drive.

Founded in 2001 by president, chief executive officer and majority shareholder Michael Mata, Biolustré, which is profitable, uses patented technology in some of its treatments and sells to hair salons and retail customers through distribution agents. Having built a network in the USA, the company has expanded into South Africa, the Middle East and the UK and says it now expects ‘strong demand’ in continental Europe.

Biolustré has attracted Press attention and endorsements from ‘top hair stylists such as Paul Edmonds and Patrick Melville’. Chief operating officer Leonard Buchanan proclaims: ‘Biolustré has already proved to be a great success in the US and we are convinced this can be replicated in the UK and all over the world.’

One for specialists.    

Growth Company Investor is the UK’s leading authority on small-cap and AIM companies. You can gain immediate access to all the recent share recommendations with no obligation, with a free 30-day trial. Click here to join today.