A priority strategy under the current medium-term management plan is to develop the Group’s presence overseas. To this end, the Group acquired the U.S.-based H2O PLUS HOLDINGS, LLC and Australia-based Jurlique International Pty Ltd.
Jurlique is widely recognized as a pioneer in the natural, organic ingredients skincare market with a brand attitude that emphasizes pure ingredients, such as plants and botanicals grown on its own farm using proprietary, pesticide-free organic farming methods. The company sells its products in 22 countries and regions through subsidiaries and agents, with the marketing spotlight shining on Asia in particular in the last few years. These efforts should lead to high growth in China and Hong Kong.
Synergies from the acquisition
In recent years, Jurlique has launched high-performance anti-aging and whitening skincare products, and we believe the Jurlique’s capabilities will complement the technologies of the rest of the POLA ORBIS Group and generate major synergistic effects. We will implement various approaches to create early-stage synergies in all business segments.
