Ngahuia Group Limited

Ngahuia Group Limited operates in the footwear industry, offering an extensive selection of shoes for men, women, and children through their brands Number One Shoes and Hannahs, emphasizing both comfort and style. Ngahuia Group Limited is engaged in the retail of footwear products. The company was founded in 2017 and is headquartered in Auckland, New Zealand. In September 2017, Allegro Funds, along with the company management, acquired Ngahuia Group Limited from Bapcor Ltd.

The CEO is Gary Rohloff, and John Martinez is also part of the management team. Number One Shoes and Hannahs primarily offer a diverse range of footwear products catering to men, women, and children. Their core offerings include boots, sneakers, sandals, and slippers, designed to meet various lifestyle needs, such as casual wear, sports activities, and formal occasions. The brands focus on comfort and style, targeting customers who seek practical footwear solutions that also reflect contemporary fashion trends.

The customer base includes everyday consumers in various demographics, from infants to adults, with products available in a range of sizes and styles. The company operates in New Zealand, Australia, and select Pacific Islands, providing a wide reach through both physical retail stores and online platforms. In the most recent fiscal year, Ngahuia Group Limited reported revenues of USD 67. 86 mn and an EBITDA of USD 12.

27 mn for the year 2020. Ngahuia Group Limited is focused on expanding its product offerings and reaching new geographic markets. While specific upcoming products and launch dates have not been disclosed, the company aims to enhance its existing product lines to cater to evolving consumer preferences. As part of their growth strategy, they are exploring expansion into additional markets within the Pacific region.

The funds from the acquisition in September 2017 will support these growth initiatives, focusing on product development and market penetration.