Australian company Access Corporate Group has opened its first New Zealand office in Auckland and acquired the NZ skincare brand Savar.
Access, which manages beauty and lifestyle brands in ANZ and APAC, said the opening of the New Zealand office is part of the company’s ambitious international expansion.
The company said its New Zealand operation has a target to achieve more than NZ$100 million over the next five years and will be building new warehousing, consolidating its supply chain, as well as expanding its New Zealand resellers and operating infrastructure.
According to Access’ NZ general manager Greg Macpherson, the new office will manage and expand the company’s existing New Zealand brands, which include the manuka honey brand Bee+, MitoQ and its recently acquired skincare brand Savar, which was founded by New Zealander Vicky Woolford in 2010.
“It is an exciting opportunity for us to expand our business in this market and enhance our presence in the beauty industry with this successful New Zealand brand,” said Livia Wang, Access Corporate Group’s ANZ CEO.
Wang said Savar is a good fit for Access.
“We have a strict set of guidelines when considering new brands,” she said. “We need to ensure the authenticity of ingredients, incorporation of technology and delivery of quality products, and Savar ticks all the boxes.”
Savar will join Access’ beauty and skincare brands, which currently includes Dr. LeWinn’s, Hunter Lab, Bean Body, Minenssey, Napoleon Perdis and Thalissi.
According to Access, in just three years, the company has grown from five brands in its portfolio to more than 20 premium quality health, lifestyle, and beauty brands.
The company set a sales record on its recent 6/6 Shopping Carnival from June 6 to June 18. Its gross merchandise value stood at nearly AU$300 million, triple the figure posted last year.
This story first appeared on our sister site Inside Retail New Zealand.