Nestled above Te Mata Estate and Black Barn vineyards in Havelock North, Weleda NZ celebrated 60 years of "unlocking the wisdom of nature" through medicines and personal-care products on Sunday.
Parent company Weleda AG's CFO, Michael Brenner, said Weleda NZ was to be congratulated for its 60 years - the average lifetime of a limited liability company was about 15 years.
He said successful and enduring companies shared four features: a strong sense of identity, a decentralised structure with a lot of trust given to branches, sensitivity to their environment and conservative financing.
Three years ago Weleda AG faced illiquidity, with a net debt of NZ$190 million, but was now debt free, he said.
The Swiss multinational was founded more than 90 years ago based on the principles of Rudolf Steiner, who believed natural ingredients provided what a body needed to be vibrant.