If a network marketing company wants to be taken over by a larger company, many of those deals are not success full. There are a lot of reasons why it might be a nightmare for the 2 companies, such as different compensation plans, different worlds, leader egos’s etc. Most of the time 90% of the distributor force sign up elsewhere….
Last year Sweden based and public company Zinzino took over Swiss based Enhanzz Global, spearheaded by top leader, co-founder and CEO Sven Goebel.
Zinzino according to their press release paid Euro 1 million:
“Zinzino will pay a fixed purchase price of Euro 1 million upon entry, divided into 75% cash and 25% newly issued Zinzino shares. There are also additional conditional purchase prices based on the sales development generated by the acquired distributor organization in the period 2022–2027.”
According to a post of Sven Goebel on his facebook, this are the awesome results:
“Kudos to a genuinely high-performing team that produced close to Euro 5 Million turnover – from scratch.”
“It’s been exactly one year since the signing between Zinzino and Enhanzz, and what a year it has been. We are thrilled to celebrate our amazing team’s hard work and dedication on this special occasion. But