SIGNED AND SEALED: Yap (left) with Sandeep (right) at the signing of an agreement for the acquisition recently.
KUALA LUMPUR: International wellness player, VLCC Group (VLCC) recently announced a major acquisition of a leading Malaysian-owned slimming and beauty operation, Wyann International (M) Sdn Bhd (Wyann International).
VLCC, which already has direct company managed operations in nine countries across South Asia and the Middle East, has acquired a majority stake in Wyann International for an undisclosed amount.
With this acquisition, Malaysians will soon have access to VLCC’s specialist services and products, including health and wellness expertise, certified scientific weight loss and beauty solutions.
“We are delighted to welcome VLCC Group as our partner and look forward to sharing expertise and knowledge for continued growth in the region,” said Wyann International founder and COO Yap Yann Fang.
With over two decades of experience and in keeping with its strategy, VLCC will go beyond cosmetic benefits to take a more holistic approach towards health by drawing on its experts from 39 countries.
“I am confident that we will be able to make considerable value addition to the people’s endeavour here to lead a healthier lifestyle,” said VLCC managing director Sandeep Ahuja at the signing ceremony.
VLCC has already started implementing its integration plan and training programme, with a view to upgrade service standards across existing 16 Bizzy Body and six Facial First outlets.
VLCC also has aggressive expansion plans for further expansion in Malaysia, that includes adding new Bizzy Body and Facial First centres, in addition to a premium chain of complete wellness centres, exclusive slimming services for men, vocational education institutes in beauty and nutrition as well as launching of VLCC Personal Care line of natural/herbal skincare, haircare and bodycare products.
The VLCC Group’s target over the next 18 months is to rollout its presence from the current 10 countries of Malaysia, India, Bangladesh, Sri Lanka, Nepal, UAE, Oman, Bahrain, Qatar and Kuwait to an additional eight countries, including Singapore, Indonesia, Thailand, Myanmar, Kingdom of Saudi Arabia, Egypt and Kenya.
Kuala Lumpur based Wyann International owns and operates a chain of 22 slimming and beauty outlets across Malaysia offering specialist services and innovative products through its established BizzyBody, Facial First and Masculine brands.