According to Fan Zhou, General Manager of STADA Shanghai, Greater China, the collaboration will generate the synergies to meet the demand of the massive disinfectants market in China.
On October 13, 2022, Jowell Global (JWEL: NASDAQ), one of the leading cosmetics, health and nutritional supplements, and household products e-commerce platforms in China, announced that it has entered into a cooperative partnership with STADA to promote its Zoflora disinfectant products in China. Under the terms of the cooperation agreement, STADA licensed Jowell as its exclusive distributor to sell its Zoflora products on Jowell’s e-commerce platform to accelerate its outreach in the cleaning and consumer products market in China.
As the fourth-largest consumer healthcare products company in Europe, STADA offers consumers, pharmacists and retail partners a broad and rapidly growing portfolio of strong local brands across multiple therapeutic categories. Its disinfectant brand Zoflora is a home hygiene product with a century-old heritage and reputation in the United Kingdom. In recent years, capitalizing on digital distribution channels and the growing local demand, Zoflora has been actively deployed in the Chinese market. STADA Arzneimittel AG sells its products in approximately 120 countries worldwide. In the financial year 2021, STADA achieved group sales of EUR 3,249.5 million and reported an EBITDA of EUR 776.5 million. As of 31 December 2021, STADA employed 12,520 people worldwide.
As one of China’s leading e-commerce platforms for household products, cosmetics, health and nutrition supplements, Jowell Global is a proven partner in providing STADA with one of the largest new retail and e-commerce platforms for household and consumer products, as well as extensive sales resources, distribution channels and better support in the new retail realm in China.