Towards the start of 2022, NXP welcomed Anne-Marie Sutton as its new CEO.
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2022: Taking the helm at leading New Zealand business products dealer NXP from Joe Taylor (see below) is Anne-Marie Sutton, an experienced exec who has spent the past 21 years in the labels industry. This included five years as General Manager of Rapid Labels, followed by almost six years as Group General Manager trans-Tasman company Hally Labels after it was acquired by Rapid’s parent company Hexagon Holdings.
Hexagon was sold to global labels leader Multi-Color Corporation (MCC) in October 2021, with Sutton named to lead the combined businesses’ operations in New Zealand. At the time, MCC was a portfolio company of Platinum Equity, which owns the Winc/OfficeMax business products resellers in Australia/New Zealand. However, Platinum sold MCC to private investment firm Clayton, Dublier & Rice in November 2021.
Sutton officially left MCC in December last year and took on the CEO role at NXP a couple of months later. Her main competitor in the New Zealand market is Platinum-owned OfficeMax.
2021: Under Joe Taylor’s tenure, leading New Zealand dealer NXP has grown rapidly. Staff numbers have jumped from 80 to 200 and it now ships more than two million packages a year to 50,000 organisations throughout the country. In the past 18 months, the business has acquired fellow office products dealer NZOS and The Service Company, New Zealand’s largest supplier of facilities products to mid-market customers. As a result, around two-thirds of NXP’s revenue are now derived from kitchen and facilities management supplies.
Taylor and his team moved swiftly to source much-needed PPE in the early days of the pandemic, even hiring planes to fly products in. NXP was recognised as an essential provider of PPE and says it is now the country’s largest distributor of business supplies to corporate and government agencies – including the Ministry of Health, NZ Police and the Department of Defence.
Another area of focus for NXP has been growing its New Zealand-made and sustainable product ranges, which together make up around 35% of revenue through its B2B e-commerce channel. This will continue to be an important factor in the company’s development as demand grows in the public and private sectors for these kinds of items.