DXN Holdings Bhd announced it will enter the Brazilian market next month. The company is expected to open its first registered office in Sao Paolo, with plans for a second branch to follow in another part of the country.
DXN stated that it believes its expansion to Brazil will strengthen its already successful presence in Latin America. The company’s “One World, One Market” motto emphasizes that distributors are not limited to geographical boundaries as they grow their businesses, and can operate in all countries that DXN operates in.
“Our strategic entry into Brazil is aimed at leveraging the strong brand presence and success DXN has achieved in other Latin American countries, including Mexico, Peru, Bolivia, Columbia, and more,” said Datuk Lim Siow Jin, DXN Founder.
The company has already registered and received approval for ten products in Brazil. DXN’s recently-opened second production facility in Mexico is anticipated to assist with this expansion and further support the company’s 3.6 million customers in Latin America.