STILL has acquired National Candles, a historic New Zealand brand, to preserve its legacy and enhance its commitment to supporting authentic local businesses.
Information on the Target
STILL is proud to announce its acquisition of National Candles, a brand that represents quality and tradition in New Zealand. Established in the 1920s as 'Prices Candles', National Candles has a rich history, having crafted traditional candles for homes, schools, and churches across New Zealand for over a century. The company currently produces around 3 million candles each year, utilizing high-quality paraffin wax sourced from Japan and locally made beeswax.
National Candles is committed to preserving traditional candle-making techniques, employing the finest materials to ensure their products are synonymous with quality and artistry. The McLean family has owned the business since 1996, relocating the factory to its present site in Te Aro, Wellington. Sam McLean, the outgoing owner, emphasizes the significance of selling a family business and expresses confidence in STILL's commitment to maintaining the legacy of National Candles.
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Industry Overview in New Zealand
The candle industry in New Zealand has witnessed steady growth, fueled by a rising consumer preference for homemade and artisan products. In recent years, there has been an increasing demand for eco-friendly
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STILL
invested in
National Candles
in
in a Buyout deal