CHATSWORTH, Calif. - Adult novelty manufacturer Topco Sales has acquired Chinese counterpart High Tech Novelties, which is expected to boost and expand the company's capabilities.
High Tech Novelties, which Topco founder Martin Tucker formed in 2003, will be renamed Topco Sales China and move to a new location in the same city. Tucker will continue serving as a consultant for the Chinese office.
Topco Sales China is located in Shenzhen, which is minutes from the Hong Kong border, has a product showroom and a 4,500-square-foot office space. It is located in a modern high-rise building in a central location near a convention center and major hotels.
Topco predicted that having the new location will help the company more efficiently oversee materials and ingredients as it checks for compliance with RoHS (Restriction of the Use of Certain Hazardous Substances) and WEEE (Waste from Electrical and Electronic Equipment) regulations.
The company said the new facility also will enable the expansion its private-label capabilities.
"The new location gives us the resources to handle our growing international clientele in the area of private-label manufacturing," explained Vanessa Pellegrini, Topco's international sales director. "It is no surprise that buying direct is cost-effective. We offer the best prices, unique products, and packaging that reflects our customers' brands."
Topco CEO Scott Tucker said private labeling gives companies the flexibility to design packaging and create products that reflect their brands and cater to their customers.
"We give our private-label clients the ability to carry products that no one else does," he said. "They also have the flexibility to decide how their money will be spent. For example, an internet-based private-label client may chose to spend less on the packaging and more on the product, whereas a brick-and-mortar-retail private-label client might want to concentrate more on packaging."
Desiree Duffie, Topco's director of marketing, said the changes will result in better service, products, materials, and pricing. She said the new facility will contribute to "a brighter future for us, our customers, and the consumers."
