The BWX Ltd (ASX: BWX) share price continued its strong run on Friday and at one stage reached an all-time high of $7.78.
This brought the personal care company's year-to-date return to an impressive 96%.
Why did its shares climb higher?
With no news out of the company and no new broker notes to speak of, the climb higher appears to be down to investors wanting a slice of a quality company on the rise.
The company behind the Sukin brand has been growing its sales and international presence at an impressive rate this year.
And thanks to a number of earnings accretive acquisitions, this looks likely to continue in FY 2018.
BWX recently raised $100 million at $5.92 per share in order to fund the acquisition of U.S. facial natural skin care brand Andalou Naturals. This came hot on the heels of its acquisition of fellow US company Mineral Fusions natural make-up business.
If these acquisitions deliver on expectations then BWX will be one to watch in 2018.
