History of Payer

1946 - Eduard Payer founded an enterprise with the aim of developing the world‘s best gentleman’s shaver. The choice of location for the firm was in St Bartholomä, near Graz, Austria.

1960 - Continuous and innovative product development, coupled with product design and quality, saw PAYER products sold world-wide, marketing their own line of shavers and as a leading OEM supplier of shavers for other companies around the world.

1990 - Sales reach 500,000 units.

1992 - The Hungarian located subsidiary company was founded with 50 employees.

2002 - Royal Philips Electronics sells Payer to Elektroprodukte to Hui Holding Sdn. Bhd. of Malaysia. Hui Holdings is a global financial investment company. Its main investments are in high-precision plastics and metal manufacturing and development and making of toolings with subsidiaries on all continents.

2003 - Annual sales rise to a staggering 5 million personal care products. Number of employees is 600.

Payer Shavers in New Zealand have been the exclusive agents for Payer since 1955.