Endeavour Consumer Health has today announced the purchase of well-known New Zealand footcare brand Gran’s Remedy.
The acquisition further strengthens Endeavour’s trans-Tasman market share in consumer health following last years’ purchase of Nature’s Synergy Pty Ltd.
“Gran’s Remedy is an iconic NZ brand, which has performed strongly over many years. Today, the brand also has significant sales in many international markets” said Andrew Vidler, Executive General Manager – Endeavour Consumer Health.
Gran’s Remedy was established in Dunedin more than 30 years ago and is now widely available in retail outlets across New Zealand. The company has also exhibited strong growth into international markets including China and South Korea.
“Gran’s Remedy bolsters Endeavour’s business portfolio, which already includes recognised brands such as Red Seal and Nature’s Kiss Antiflamme, and extends our vision to become a leading consumer health business across Australia and New Zealand,” Mr Vidler said.