DKSH and S&J, the leading beauty and personal care innovator and manufacturer, join forces to develop, manufacture and market best-in-class beauty and personal care brands and products to consumers across Asia.
Media release
Bangkok, Thailand, December 18, 2019 – DKSH Business Unit Consumer Goods, a leading partner for fast moving consumer goods companies seeking to grow their business in Asia, has signed a joint-venture agreement today with S&J International, a leading beauty and personal care innovation and manufacturing company based in Thailand.
Both entities will be holding a 50 percent stake in the joint venture. Through this partnership, DKSH will complement its existing portfolio of fast-moving consumer goods and enter the lucrative beauty and personal care market. DKSH has a proven track record for growing Consumer Goods brands in the region and with S&J's capabilities in innovation and manufacturing for global brands, the complimentary synergies in this joint-venture will create an exceptional platform for both companies to continue to grow.
"We are proud to be working with S&J and to be delivering high-quality beauty and personal care products to consumers across the region," says Terry Seremetis, Head of Consumer Goods, DKSH. "With S&J, we have found the right partner with a deep understanding for consumers in Asia. We see enormous potential in the personal care industry. With this joint venture, we will be at the forefront, addressing trends and gaps in the market."
“With DKSH, we have found the ideal partner to jointly develop, manufacture and market exciting cosmetic and skincare brands for the Asian consumers. DKSH has a proven track record for growing consumer goods brands in the region and with our capabilities in innovation and manufacturing, we in this Joint Venture, have the expertise and experience to tap into and participate in the growing beauty care market,” said Thirasak Vikitset, Managing Director of S&J International.
For further information, please contact:
DKSH Thailand
Sheena Flannery
Director Group Communications
Consumer Goods & Healthcare
Phone +66 220 9739
sheena.flannery@dksh.com
About S&J International
S&J International Public Enterprises (SJI) and its eight subsidiaries are providing customers within the beauty and personal care industry with an innovative and customized service portfolio and a one stop solution spanning the entire value chain – from innovation sourcing of quality and safe raw materials, research & development of formulas and solutions, product development, design & packaging concepts and cost effective manufacturing in own cutting edge facilities. Headquartered in Bangkok with more than 2,000 employees in Thailand and offices in Europe and Asia, SJI is supplying local and global customers, retailers and brand-owners in over 50 countries worldwide. SJI is listed on the Thai stock exchange and part of the SAHA Group with more than THB 300 Billion in revenue and 100,000 employees in Thailand.
About DKSH
DKSH is the leading Market Expansion Services provider with a focus on Asia. The Group helps other companies and brands to grow in the Consumer Goods, Healthcare, Performance Materials and Technology sectors. DKSH’s portfolio of services includes sourcing, market insights, marketing and sales, distribution and logistics as well as after-sales services. Publicly listed on the SIX Swiss Exchange, the Group operates in 35 markets with 33,000 specialists, generating net sales of CHF 11.3 billion in 2018. With its strong Swiss heritage and long business tradition since 1865, DKSH is deeply rooted in Asia Pacific.
DKSH Business Unit Consumer Goods focuses on fast moving consumer goods, food services, luxury goods, fashion and lifestyle products as well as hair and skin cosmetics. With around 19,760 specialists, the Business Unit generated net sales of CHF 3.9 billion in 2018.