Accelerating development of the Group’s presence overseas is one of the key challenges outlined in the current medium-term management plan. As part of this effort, the Group acquired H2O PLUS HOLDINGS, LLC, which boasts a strong presence in the large North American market, as well as the rapidly growing Asian market.
The Group plans to accelerate its expansion in Asian and North American markets by combining its R&D and marketing expertise in skincare cosmetics with H2O PLUS’ branding power and know-how in building networks of overseas agents.
Synergies from the acquisition
H2O PLUS has developed over 2,000 retail points of distribution in 22 countries for its sea-derived skincare products. The company’s entry into the POLA ORBIS Group will create a high level of synergies and raise the overall value of the Group. A cross-company task force has been organized between POLA ORBIS and H2O PLUS to quickly and efficiently realize these synergies.
