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DKSH and Henkel strengthen partnership in Singapore
Singapore, September 22, 2016 – DKSH, the leading Market Expansion Services provider with a focus on Asia, is continuing its success story with Henkel in Singapore, by extending the collaboration to include Schwarzkopf products. This collaboration is an extension of an existing agreement that started in 2014 to drive sales of Henkel’s laundry and home care products.
DKSH today announced the acquisition of a majority stake in Shanghai Sweets International (eSweets), a fast-growing Chinese online distributor of premium consumer goods, based in Shanghai. DKSH creates value for the company’s clients and customers, thereby directly contributing to DKSH’s growth.
DKSH sells the Glycine watch company to the Invicta Watch Group
Zurich, Switzerland, August 11, 2016 – DKSH (SIX: DKSH), the leading Market Expansion Services provider with a focus on Asia, sells Glycine Watch S.A. to the Florida-based watch manufacturer Invicta Watch Group. With this step, DKSH continues the restructuring of its luxury goods business which has made good progress since being announced in mid-2015. The parties have agreed not to disclose any financial details of the transaction.