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1 MIN READ

Spain: Puig joins forces with Clarins in Oceania

April 24, 2017
-
Europe, Health & Beauty, Mergers & Acquisitions

Spanish fashion and perfumes multinational Puig has reached an agreement with Trimex, a subsidiary company of Clarins in Oceania, to strengthen the distribution of Puig’s premium and prestige brands in Australia and New Zealand, according to a report in El Confidencial.

With the new partnership agreement, Trimex will now be in charge of providing logistics, commercial services and back-office to Puig in Australia, and will be responsible for the distribution in New Zealand. Meanwhile, Puig will oversee marketing along with the management of key accounts.

“We are pleased to start a new strategic partnership with Groupe Clarins”, commented Marc Puig, chairman and CEO of Puig. “The complementarity of our business has proven to be a valuable asset in other areas and we look forward to replicating this success in Australia and New Zealand”.

This is not the first time that both companies have worked together. In 2013, Puig and Clarins enacted a similar partnership agreement across North America and Canada.

Source: El Confidencial

Tags
Clarins
Puig
Trimex
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Spain: Puig joins forces with Clarins in Oceania - Gama