Zinzino and ACN, enter a strategic partnership in Europe, and in connection with it Zinzino carries out a directed new issue of B shares for SEK 10.4 million.
Zinzino, the global health and wellness brand from Scandinavia, has entered into a strategic agreement in Europe to partner with North American ACN, a direct seller of telecommunications, energy, and essential services for homes and businesses, which has decided to wind down its direct selling operations in Europe.
The agreement between the companies includes that Zinzino takes over the rights to ACN’s European distributor database register free of charge, which will in the future be integrated with Zinzino’s existing technical platform.
The strategic partnership for Europe is expected to create growth through the synergies that arise in the joint networks. In connection with the agreement, ACN has expressed a desire to invest USD 1m in Zinzino through its holding company Manna Holdings, LLC (“Manna”).
Strategic Partnership
This is a strategic and important step in Zinzino’s growth plans, focused on improving personal health and wellness on a global level with cutting-edge biotechnology, health testing, and a cutting-edge product portfolio distributed through direct sales.
“A visionary mindset, tech-first perspective, test-based nutrition, and a strong position to capitalize on current