PZ Cussons is a major British manufacturer of personal healthcare products and consumer goods. It operates worldwide, especially in Africa and Commonwealth nations. The company is listed on the London Stock Exchange, and is a constituent of the FTSE 250 Index.
|Traded as||LSE: PZC|
|Industry||Cosmetics, Soaps, Gels, Dairy Household chemicals, & Natural Oils|
|Founder||George Paterson, George Zochonis|
|Alex Kanellis, CEO|
|Products||Imperial Leather, Soaps, Shampoos, Gels, Milk, olive oil, Detergents & Healthcare Products.|
|Revenue||£762.6 million (2018)|
|£85.7 million (2018)|
|£48.8 million (2018)|
Number of employees
PZ Cussons was formed in 1975, when Paterson Zochonis took over Cussons Group Ltd. from the Cussons family, who founded Cussons in 1938. The company expanded its operations into what is now Nigeria before the end of the 19th century.
PZ expanded considerably during the 20th century, acquiring factories and establishing offices in Ghana and Kenya. It was one of three or four firms which commercially dominated Guinea as a colony before 1958. In 1975, the company acquired Cussons Group (founded by Thomas Cussons).
Later that century, more offices and factories were acquired in Asia, with PZ's first factory built in Thailand in 1986, and operations expanded into Indonesia in 1988. In 1993, PZ bought the state owned Pollena Wroclaw in Poland, followed in 1995 by Pollena Uroda, and in 2002, Paterson Zochonis plc was renamed PZ Cussons plc.
In February 2004, PZ Cussons sold the 1001 Carpet Cleaner brand to the American WD-40 Company for £6.2 million. In 2005, PZ Cussons closed its Nottingham factory (founded by Gerard Bros.), and relocated the operations to Thailand. In August 2006, PZ Cussons announced a plan to move its remaining English factory from Kersal to Swinton, both in the City of Salford.
In January 2008, PZ Cussons acquired the Sanctuary Spa and Sanctuary products business.
PZ Cussons Group has a marketing presence in Europe, Africa and Asia. PZ Cussons has factories in Salford, Nigeria, Thailand, Indonesia, Australia, Greece, Kenya, and Poland. PZ Cussons' main brand is the Imperial Leather range of soaps, bath and shower and cosmetic products. PZ Cussons operates a joint venture electrical superstore in Lagos, Nigeria and also operates in Ghana.
- "Annual Report 2018". PZ Cussons. Retrieved 20 March 2019.
- PZ Cussons: Our history
- Thomas O'Toole, Historical Dictionary of Guinea, Scarecrow Press, 1978, p. 55
- Hall, W. (11 February 2004). "Weak dollar slows down PZ Cussons". Financial Times. London.
- "UK Business Park – B2B Sales Leads & Company News". ukbusinesspark.co.uk. Archived from the original on 26 February 2012. Retrieved 31 March 2015.
- "Soap maker reveals £15m factory plans". Manchester Evening News. 2 August 2006.
- Cussons buys Sanctuary Spa brand for £75m Brand Republic, 30 January 2008
- PZ Cussons: Our markets Archived 15 September 2008 at the Wayback Machine
- "Profits fail to scrub up at PZ Cussons". The Manufacturer. 24 July 2012. Retrieved 10 April 2016.
- "Imperial Leather soap maker PZ Cussons all in a lather over turmoil in African markets". This is money. 22 July 2015. Retrieved 10 April 2016.
- "UPDATE 2-PZ Cussons boosted by strong trading in Nigeria". Reuters UK. Retrieved 31 March 2015.