Tag Archive for Acquisition

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Yanbal Acquires Lulu Avenue Direct Selling Jewelry Business

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Moissanite seller Charles & Colvard Ltd. this week said it has sold off the main assets of its direct selling unit, Lulu Avenue, to Yanbal USA Inc.
Yanbal USA is part of Yanbal International, a direct selling enterprise with nearly 500,000 beauty consultants in 10 markets across Latin America and Europe. Based in Lima, Peru, the company came in at No. 20 on the 2015 DSN Global 100 with annual revenue of $856 million.
Now Yanbal is setting its sights on the U.S., and the deal with Charles & Colvard brings the company one step closer.
The purchase includes a $250,000 credit in existing jewelry inventory, marketing collateral, and intellectual property related to Lulu Avenue’s home party sales model, as well as exclusive licensing on that property through July 31, 2016. Yanbal paid the

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Yanbal Acquires Charles & Colvard Direct Selling Jewelry Business

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Moissanite seller Charles & Colvard Ltd. this week said it has sold off the main assets of its direct selling unit, Lulu Avenue, to Yanbal USA Inc.
Yanbal USA is part of Yanbal International, a direct selling enterprise with nearly 500,000 beauty consultants in 10 markets across Latin America and Europe. Based in Lima, Peru, the company came in at No. 20 on the 2015 DSN Global 100 with annual revenue of $856 million.
Now Yanbal is setting its sights on the U.S., and the deal with Charles & Colvard brings the company one step closer.
The purchase includes a $250,000 credit in existing jewelry inventory, marketing collateral, and intellectual property related to Lulu Avenue’s home party sales model, as well as exclusive licensing on that property through July 31, 2016. Yanbal paid the

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OneCoin Completes Acquisition Of Univerteam

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According to an OneCoin press release the company has acquired Univerteam. Earlier network marketing companies Sitetalk and Conligus were merged into OneCoin.
The OneCoin press release:
“The OneCoin Network, a global leader in cryptocurrency mining and trading, announced the acquisition of Brazilian company Univerteam on Friday.
The deal will allow more than 120,000 people from Latin America, and particularly Brazil, to gain access to the unique products OneCoin has to offer.
They will join the 1,4 Million Members worldwide, who are already part of the OneCoin Family. As a global company, operating mainly in Europe, Southeast Asia and Africa,OneCoin is now aiming to expand into the strategic South American market, with this deal being  major strategic step in that direction.

“Latin America is a very important market for us, and our partnership with Univerteam will

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CVSL Acquires Betterware

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CVSL Inc.  has acquired 100% of Betterware Ltd., a United Kingdom-based direct-to-consumer company, making Betterware the tenth company to become part of CVSL and giving CVSL a commanding presence in the U.K. home shopping market.
CVSL’s Vice Chairman and Chief Financial Officer John Rochon Jr. noted that there are significant similarities between Betterware and Kleeneze, another well-known U.K. direct-to-consumer company, which CVSL acquired in March.

“These two famous brands and their sales networks will remain separate, while we expect major synergies in the operations of the two companies that we believe will yield efficiencies and improve profitability for both. The sales networks and customers of both companies should benefit.”
“With Kleeneze and Betterware side by side within CVSL, we have a powerful position in the U.K. home shopping market. With both of these two established consumer growth brands in

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The Carlyle Group To Acquire Blyth In $98 Million Deal

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The Carlyle Group (NASDAQ: CG) and Blyth, Inc. (NYSE: BTH), a direct-to-consumer manufacturer and seller of candles and home fragrance products, today announced they have entered into a definitive agreement under which The Carlyle Group will acquire all of Blyth’s outstanding shares of common stock in a transaction valuing Blyth at $98 million, equating to $6.00 per share, which represents a premium of approximately 105 percent over the closing price of Blyth common stock on Friday, August 28, 2015 and a premium of 65 percent over Blyth’s 30-day average share price as of such date.
The transaction has been unanimously approved by Blyth’s board of directors and will be completed by means of a tender offer followed by a merger.
Under the terms of the definitive agreement, an affiliate of The Carlyle Group will commence

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Youngevity Acquires Jewelry Company Mialisia

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Direct-selling conglomerate Youngevity Essential Life Sciences announced Thursday that it completed the acquisition of the business of Mialisia, a direct-sales jewelry company that specializes in interchangeable jewelry.
As reported by Youngevity, the company’s distributors and customers will have access to the VersaStyle line of Mialisia’s jewelry. Mialisia distributors and customers will gain access to more than 1,000 products offered by Youngevity, including nutritional supplements, sports and energy drinks, health and wellness-related services, weight management and lifestyle products, gourmet coffee, packaged foods, skincare, cosmetics, scrap books, memory books, apparel and accessories.
The transaction amount was not disclosed.

“We proudly welcome Mialisia to our Youngevity family as we provide our growing network of women distributors and customers with an innovative line of versatile customizable jewelry,” said Steve Wallach, CEO of Youngevity.

He described Mialisia as a company that is empowering

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CVSL Funds And Closes Acquisition Of Kleeneze

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CVSL Inc. [NYSE MKT: CVSL] announced today that it has successfully funded and closed its previously-announced acquisition of Kleeneze, one of the UK’s longest-operating, largest and best-known direct-to-consumer businesses. With the addition of Kleeneze, CVSL’s business portfolio expands to nine companies.
The most recently reported revenue of Kleeneze and CVSL combines for over $180 million.

“We are pleased that this latest addition to the CVSL federation of direct-to-consumer companies is now complete,” said John Rochon Jr., CVSL’s vice chairman and chief financial officer. “We have said that our 2015 priority is to continue making acquisitions. This represents another step forward in our buildup strategy.”

CVSL has purchased 100% of the shares of Kleeneze from Findel PLC for a total consideration of $5.1 million. The consideration included $3 million of senior debt provided by HSBC Bank PLC. The remainder was funded by

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Jeunesse Completes Strategic Acquisition Of MonaVie

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Positioned to expand product offerings and geographic footprint to bring company closer to $1 billion sales target
New ownership offers MonaVie a financial partner with strong leadership and balance sheet to support growth
Jeunesse Global (Jeunesse), a leading direct selling company devoted to inspiring healthy living and youth enhancement, announced today the acquisition of MonaVie, a provider of premium nutritional products sold through a global network of independent distributors, as well as its brand mynt™, creating a leading multigenerational healthy living company with a growing emphasis on the youth movement.
As a combined company, the Jeunesse brand will operate on an international platform with a network of more than 4 million distributors in over 100 countries, supporting consumers from Generation Y to Baby Boomers with numerous products to help them live healthier lifestyles.
“By welcoming

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The Healthy Home Company Partners Up With Environmental Water Systems

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The Healthy Home Company, a membership-based buying club that offers over 100 products in the personal care, household, skin care, makeup, and health and wellness categories made with all-natural, Ecocert and ToxicFree® ingredients, now offers two water filtration systems, the Essential Drinking Water System, which is available for single-faucet water filtration and the EWS Spectrum, which provides whole-home water filtration and conditioning.
The Essential Drinking Water System provides true protection from toxic contaminants. With quick and easy installation, the Essential Drinking Water System allows families to enjoy chlorine-free, filtered water straight from a faucet with minimal maintenance.
The EWS Spectrum whole home water filtration and conditioning system provides chlorine-free, filtered water to every sink and shower throughout a home. With this system, customers can enjoy filtered water from any tap in their house, plus remove cancer-causing and endocrine-disrupting chemicals from water used to bathe, cook and clean.
Chemicals are absorbed into the body in mere seconds. Chemicals from the water used when showering, washing your face and brushing your teeth are no different. The EWS Spectrum prevents customers from absorbing and inhaling contaminants, improving the entire home’s water quality. Not only will those who use this filtration system enjoy the health benefits of drinking containment-free

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Healthy Home Company Buys OneBode

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American Green (OTC: ERBB) announced today that it has sold all of the assets of its wholly owned subsidiaries OneBode Holdings LLC and OneBode Ventures LLC for $3,500,000 to the Healthy Home Company and OneBode founders Sean and Tylene Loomer. OneBode was acquired by American Green in June of 2013.
The sales price reflects the value created in OneBode over the past year and locks in a solid rate of return for American Green shareholders. Simultaneously it will free both time and operating capital for American Green to focus on its other divisions as it expands and utilizes the offices formerly occupied by OneBode.
“Healthy Home is a rapidly growing business with a unique sales model that doesn’t require physical locations or cyber marketing. Rewarding people for telling others about their products is the oldest and most powerful form of advertising.
This model is perfectly suited to get the OneBode products to the people that need them,” comments Stephen Shearin, American Green President. “This is absolutely the best outcome for all parties involved and while we’ll miss the OneBode team and its enthusiasm, this will enable them to flourish in an organization perfectly suited to their endeavors.”
“Last year, when we were

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