AAK Personal Care has expanded its global distributor network with ABA Mexico. The Mexican cosmetic industry amounts to approximately US$9 billion per year, which ranks as the second largest in Latin America (after Brazil). In 2013, market growth was 5% and this year’s forecast is at the same level.
“I am glad to announce that AAK Personal Care have signed a sole distributor agreement with ABA Mexico S.A. de C. V. The company fit into our distributor network since they too are specialised in bioactives and functional ingredients,” said Minna Dam, global director at AAK Personal Care.
ABA was established in 1996 and their office is located in the city of Cuernavaca, situated 85 km south of Mexico City. Their core business is to import and distribute bioactives and other raw materials for the cosmetic industry in Mexico. ABA is in contact with the main part of the cosmetic manufacturers in Mexico and is a very well respected company.
ABA Mexico is AAK Personal Care’s second new distributor in 2014. Earlier this year the cooperation with Anshul Life Sciences for distribution in India was announced.
