Zepter International
 | |
| Limited liability company | |
| Industry | Consumer products |
| Founded | 1986 |
| Headquarters |
Sihleggstrasse 23 Wollerau, Switzerland |
Number of locations | 40 |
Area served | Worldwide |
Key people |
Philip Zepter (Founder, President, CEO & Chairman) |
| Products | Cooking dishes, Cleaning systems, Purification systems, Medical products, Cosmetics, Exclusive items |
| Revenue |
 US$ 5 billion (2012) [1] |
|
US$ 2 billion (2012) [2] | |
Number of employees | 130,000 |
| Website | http://zepter.com |
Zepter International is a global enterprise, which produces, sells and distributes consumer goods around the world, principally by way of direct sales, and also through stores. Zepter’s products are manufactured in 7 Zepter factories based in Germany, Italy and Switzerland.
It was established in Linz, Austria in 1986. Its founder is Philip Zepter, an entrepreneur and emigrant from Yugoslavia (today's Serbia). Due to this business he has become one of the richest Serbians with a net worth estimated at 5 billion US$.[3] Today he resides in Monaco.
Development
Zepter International began distributing worldwide stainless steel cookware and tableware accessories, manufactured in its own plant in Milan, Italy. In 1996, Zepter Group acquired two companies, based in Switzerland, and thus branched out into the markets of:
- light therapy medical devices - by the purchase of Bioptron AG, Wollerau;
- cosmetics - through Intercosmetica Neuchâtel SA, Neuchâtel.
After these investments the company's headquarters moved to Switzerland. Later on Zepter Finance Holding AG was established, providing services in the fields of private pensions, health care, insurance and property.
Today, Zepter products are sold in more than forty countries.
References
- ↑ Philip Zepter, President and founder of Zepter International
- ↑ Business Initiative Directions
- ↑ Wprost, Polish magazine