Tag Archive for Acquisition

DreamTrips International Acquires TRVL

DreamTrips International has acquired TRVL Ventures, a Georgia-based luxury travel MLM company. The announcement came Saturday, June 4, 2022.
DreamTrips International CEO Mark Smith says,
“The magic of this is the synergy of the deal. Sometimes there’s a perfect storm where environments exist where people can come together.”
TRVL was founded by Spencer Iverson, Jonathan Green, and Mark Sterling, who possess a long lineage with travel MLMs. They launched TRVL with a vision to develop a luxury lifestyle travel club and global brand with high-end appeal that catered to the masses.
They are now bringing their travel MLM expertise to DreamTrips International’s Advisory Council and working directly with Mark and Tammy Smith on the Advisory Council to grow DreamTrips International.
The acquisition of TRVL, a system-driven and training focused company, strategically advances DreamTrips International’s much anticipated July launch.
The deal gives TRVL sales representatives and customers access to the MLM industry’s largest collection of personalized travel experiences around the world known as “DreamTrips”, as well as DreamTrips International’s travel agency and global network of experienced hosts.
In addition, DreamTrips International’s well-seasoned, global travel platform instantly offers customers dozens of expanded travel options, as well as the opportunity for global business growth.
From left to right: Mark Sterling, Spencer

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LG Household Buys Avon Japan For $96 Million

South Korea’s LG Household & Health Care will purchase Tokyo-based cosmetics seller Avon Products for 10.5 billion yen ($96.3 million), marking its fourth acquisition in Japan.
Avon Japan, an offshoot of the American direct sales beauty company, will become a wholly owned subsidiary of LG Household under plans announced on Tuesday. The LG group’s health and beauty arm is expanding its distribution network in the still-vibrant Japanese cosmetics market.
LG Household’s first-quarter operating profit climbed 9% on the year to a record 283 billion won ($262 million) in results released on Tuesday. Sales for the three months ended March rose 7% to 1.65 trillion won.
Despite a slow recovery in Chinese tourists visiting South Korea, demand for high-end products was strong at home and abroad, the company said.
Avon Japan was sold to an affiliate of TPG Capital in 2010. Fellow U.S. investment firm Keystone Partners acquired it in 2016.
LG Household & Health Care is one of the largest household goods and cosmetics manufacturers in South Korea and ranks second in cosmetics in the country after AmorePacific Group. The company’s cosmetics sales via duty-free shops have increased steadily due to a growing number of visitors from abroad. In addition, it has recently been active in mergers and acquisitions

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Youngevity Completes Acquisition Of Viaviente

Youngevity International, Inc., a leading omni-direct lifestyle company, today announced the acquisition of ViaViente, distributors of The ViaViente Miracle, a highly-concentrated, energizing whole fruit puree blend that is rich in Anti-Oxidants and naturally-occurring vitamins and minerals. 
ViaViente, was introduced to the public in 2003 following years of research that included studies of mineral rich waters whose source is found in the Andes Mountains and flow thru Vilcabamba, Ecuador, a region known for its high concentration of centenarians. In 2007 ViaViente became the first product in the market to receive the coveted Brunswick Labs ORAC Seal of Certification for its Anti-Oxidant content.

“ViaViente is a welcome addition to Youngevity’s family of products and embodies our philosophy that nutrition can change the way a person ages.”

Stated Dave Briskie, President and CFO of Youngevity International, Inc. “
Over the last two quarters, as our international footprint has begun to take hold, we sought to acquire companies whose distribution would be accretive to the integration of this international expansion.
Similar to our recent acquisition of Nature Direct in Australia, ViaViente certainly checked these and other boxes, since more than seventy-five per cent of their recent distribution is to Japan We feel very fortunate to be able

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Youngevity Completes Acquisition Of Nature Direct

Youngevity International, Inc. (NASDAQ: YGYI), a leading omni-direct lifestyle company, today announced the acquisition of Nature Direct, a manufacturer and distributor of essential-oil based nontoxic cleaning and care products for personal, home and professional use.
Nature Direct was formed in Australia in 2007 to create eco-friendly, effective and affordable home cleaning products using essential-oils. Since then the company has grown its product lines to include personal care and professional use nontoxic disinfectant products.
Until now, Nature Direct’s sales force has been located in and focused on the Australian market. As part of Youngevity International their products will now be made available throughout Youngevity’s social selling program that operates in seven (7) countries including New Zealand, Mexico, Columbia and the United States.

“Youngevity has been searching for a green alternative line of cleaning products that would be synergistic with our philosophy of offering products that are supportive of a healthy lifestyle for some time.
Nature Direct’s products embody those attributes we were seeking and are a welcome addition to our Youngevity family of products,”

stated Dave Briskie, President and CFO of Youngevity International.
“We are excited to join the Youngevity team and become a part of their innovative omni-direct platform as we bring with our clean

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Total Life Changes Acquires Whole Food Plant-Based Giant, Vios Nutrition Inc.

Effective November 30, 2017, Total Life Changes® (TLC) headquartered in Fair Haven, Michigan announced the acquisition of Vios Nutrition, an established direct selling company based in Winston-Salem, N.C. offering two products with certified organic ingredients.
TLC will offer its customers and Independent Business Owners the opportunity to purchase Vios Nutrition’s products. Vios Phyte is a whole-food greens product, containing potent cereal grasses responsible for their essential vitamins, minerals and proteins that support overall health and wellness.
Vios Matrix is a complete, plant-based nutrition shake with a balance of omega-3 fatty acids, branched-chain amino acids, 21 grams of protein, complex carbohydrates, adaptogens, digestive enzymes, prebiotics & probiotics and high-quality fiber. Both products are packaged in single servings, making it convenient to prepare when you are away from home.
TLC is actively seeking to extend its value in the global direct selling arena by supporting businesses seeking assistance. Its merger and acquisition division in Salt Lake City is now responsible for several successful acquisitions and will continue to support companies like Ryte, Inc. and Vios Nutrition seeking flexible considerations.
TLC will control the assets and distributors of Vios Nutrition. TLC’s founder and CEO, Jack Fallon expects a seamless transition with Vios Nutrition’s customers and IBO’s:
 “I feel really good about this decision. We have

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Youngevity Completes Acquisition Of Future Global Vision

Youngevity International, Inc. (NASDAQ: YGYI), a leading omni-direct lifestyle company, today announced it has closed the acquisition of the assets of Future Global Vision.
Youngevity is a Triple A classified opportunity by Business For Home, the top rank.
Future Global Vision was formed in March 2013 by Raul Serrano and his team to help people achieve health and personal growth. They have a strong presence in Mexico and are expected to be helpful in future expansion into Latin America.
Along with a hydrogen based nutraceutical product, Future Global Vision brings with them a new product vertical to Youngevity with their fuel additive product line. Their EF products improve fuel efficiency and power in engines for personal vehicles, large trucks, and boats.
Steve Wallach, Chairman and CEO of Youngevity stated,
“We are very pleased to have completed the acquisition of Future Global Vision. This new member of the Youngevity family of brands brings attributes intended to complement the Youngevity opportunity.
 
With distributors in several Spanish speaking countries and a market appropriate line of fuel additives, this integration should strengthen our position in Latin America. “
“With the closing of this transaction,” said Dave Briskie, President and CFO of Youngevity International,
“Youngevity continues our targeted expansion efforts focused on

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Youngevity Completes Acquisition Of Sorvana

Youngevity International, Inc. (NASDAQ: YGYI), a leading omni-direct lifestyle company, today announced it has closed the acquisition of the assets of Sorvana International.
Youngevity originally announced entering into a definitive agreement with Sorvana on June 19 of this year.
Sorvana International was formed in November of 2016 through the unification of two natural Wellness companies, FreeLife and L’dara.
FreeLife has been in business for 22 years providing natural wellness products predominantly in the United States, Canada, Australia, and Philippines and L’dara, established in 2013, is known for its award winning patented skin care products.
Steve Wallach, Chairman and CEO of Youngevity stated,
“We are very proud of having closed on the acquisition of Sorvana International. Sorvana embodies so many of the attributes we look for in an acquisition, ranging from the level of quality products, the amount of distributors and customers, and the geographic footprint the company currently has in the marketplace.
We have been seeking to acquire an established company with international distribution and we are very fortunate to have find that opportunity in Sorvana.”
“Closing on this transaction is a great start to the second half of this very exciting year for Youngevity,” said Dave Briskie, President and CFO of Youngevity International.
“The FreeLife and L’dara

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Youngevity Acquires BellaVita

 
Youngevity International, Inc. (OTCQX: YGYI), a leading omni-direct lifestyle company, today announced it has completed its acquisition of BellaVita, a producer of natural products based on the Mediterranean diet and lifestyle, including whole food beverages, essential oils and anti-aging skin care products.
BellaVita products will be available through gobellavita.com and, effective June 1, through youngevity.com. 
Mike Brosnan, the CEO and President of BellaVita, is joining Youngevity as VP of Sales & Marketing, Asia. All of the BellaVita offices in Asia remain open and are now incorporated into Youngevity operations. A number of BellaVita U.S.-based employees will join the Youngevity Utah office and continue to service the Asian market.

“The BellaVita acquisition represents a true extension of our mission of betterment, our commitment to quality and our shared passion in optimal health,”

stated Steve Wallach,

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Youngevity Acquires RicoLife

 
Youngevity International, Inc. (OTCQX: YGYI), a leading omni-direct lifestyle company, today announced it has completed its acquisition of RicoLife, a marketer of nutritionally charged teas, beneficial beverages and supplements.
RicoLife products remain available on RicoLife.com and are scheduled to be  integrated in the Youngevity web and e-commerce site effective April 1, becoming a brand within the Youngevity nutrition category.  The Founders of RicoLife – Alberto Arellano, Ricardo Arellano, and Raul Luna – will join Youngevity as Associates.
The primary nutritional differentiator for RicoLife has been its use of camellia sinensis, commonly known as “purple tea.”
Purple tea is a variety of green tea developed in Kenya and its perceived benefits have been the subject of an initial small-scale clinical study in Japan. RicoLife products include tea, coffee, cleanses, energy and slimming supplements –

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Total Life Changes Appoints Ralph Adams To Head Merger And Acquisition Division

 
TLC’s founder and CEO Jack Fallon is strongly pursuing the growing demand of companies seeking assistance or attempting to find a new course in the industry.
TLC is actively extending its value in the worldwide arena by supporting businesses seeking assistance.
This new division in Salt Lake City has already supported companies like Ryte, Inc. Total Life Changes and Ryte, Inc. entered into an agreement effective August 3, 2016 for TLC to acquire the control of assets and distributors of Ryte, Inc., a benefit corporation focused on the complete wellness of the individual and helping others.
Adams has decades of transactional experience covering a wide variety of industries, including business services, consumer services and products, manufacturing and distribution.
As an experienced transactional leader, Adams will ensure a comprehensive evaluation of your business needs;

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