New Image Group
OVERALL |
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Owned |
NZL |
Rating |
Health and nutritional products
New Zealand-based health and nutritional product provider founded over 30 years ago by founder and chairman, Graeme Clegg. Acquired Nutrimetics from Tupperware Brands in 2022.
New Image Group | NZL | website |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
New Image Group | ||||
In 2022 this company was ordered to pay a fine of NZ$1.5 million for breaching the Takeovers Code in 2013. The company admitted to non-deliberate breaches of the code in respect of a takeover offer to take it private in 2013. The Takeovers Panel received a complaint about the takeover in 2019 and investigated claims the offer did not treat all shareholders equally and that some disclosures were not made.
Source: news article (2022) |
New Image International supports a number of charities in various countries in which it operates.
Source: company website (2021) |
Company Details
Type | Private company |
Founded | 1984 |
Subsidiaries | Nutrimetics Australia Pty Ltd
Direct selling Direct selling beauty company operating primarily in Australia and New Zealand. Owned by Tupperware from 2005 to 2022, when New Image Group bought the company. |
Contact Details
Address | Auckland, New Zealand |
Website | newimagegroup.co.nz |
Products / Brands
Nutrimetics Australia
Nutrimetics Cosmetics |