Tag Archive for Acquisition

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Zinzino Acquires Valentus Global

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To increase distribution power in Europe
Zinzino has acquired the rights to US/UK-based direct selling company Valentus Global’s distributor database and associated customer records, inventory, and IP rights via an asset purchase.
This is another strategically important step in Zinzino’s growth plans, which focus on improving personal health and well-being on a global scale with innovative biotechnology and a pioneering product portfolio marketed through direct sales.
Valentus Global Inc. is a direct selling company based in Delaware, USA, with most of its operations and sales in Europe. The brand portfolio offers a range of innovative products in wellness, nutrition, and health.
A visionary mindset, tech-first perspective, test-based diet with cellular-level nutrition, and a strong position to capitalize on current trends will shape the foundation of the partnership with Valentus Global.

Following the acquisitions of VMA Life in 2020, Enhanzz in 2022, Xelliss and ACN in 2024, as well as the asset acquisition of US-based Zurvita in early 2025, Zinzino has been looking for further strong investments to maintain its sustainable, profitable growth, strengthen its distribution power, expand into new markets and leverage the product portfolio in new consumer areas.

Dag Bergheim Pettersen, CEO of Zinzino, and Paul Person, CEO and owner of Valentus Global say:

“Personalised advice and tailored solutions are

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Herbalife Acquires Pro2col Health, Pruvit, Link BioSciences

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Herbalife Accelerates Journey to Become the World’s Premier Health and Wellness Platform
Herbalife Ltd. (NYSE: HLF), a premier health and wellness company, community and platform, today announced it has entered into a binding memorandum of understanding to acquire 100% of the assets of Pro2col Health LLC (Pro2col) and Pruvit Ventures, Inc. (Pruvit), as well as a 51% controlling ownership interest in Link BioSciences Inc. (Link BioSciences).
Pro2col is a health and wellness digital application company, which will use individual biometrics to provide personalized nutrition recommendations in support of a healthy, active lifestyle. The platform is designed to deliver tailored health and longevity protocols.
Link BioSciences is an established manufacturing company that utilizes proprietary technology to process biometrics, biomarkers, lifestyle data, and DNA, and will harness the information from Pro2col to formulate personalized nutritional supplements for customers.
Stephan Gratziani, Herbalife President and incoming CEO, said:

“By acquiring and leveraging Pro2col’s personalized digital technology, along with Link BioSciences’ manufacturing capabilities, Herbalife will be providing our expansive network of distributors with unique opportunities to expand their customer base through a personalized health, wellness and nutrition platform.
These investments further accelerate our vision to modernize our business and represent a belief in our business model that better positions us

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BREAKING NEWS: Exciting New Chapter For Business For Home – Armand Puyolt Takes The Helm

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PRESS RELEASE
Heemstede, The Netherlands, 15 February 2025.
In a thrilling development for the direct selling industry, renowned network marketing leader and business icon Armand Puyolt has officially acquired Business For Home (BFH), a leading source of information, news and insights for professionals in the Home Business sector. This strategic move promises to elevate and expand its influence and reach, as Puyolt envisions a vibrant future for the publication.
Armand Puyolt stated:

“As an advocate of network marketing with a global business perspective, I believe it’s important that industry news is transparent, trusted and timely while also a positive spotlight on our space, so that all companies can thrive and provide opportunities to the millions of people who need it.
I believe this publication will become a belief-building tool—a growth tool—for professionals as the premier source of news highlighting the industry, where ultimately the aim is to educate the world that there’s no better industry to help people from all over the world to have that American Dream.”

To guide this new era, Puyolt will serve as Executive Chairman for Business for Home and is the majority shareholder. Puyolt is also bringing together a team of servant leaders he believes can best realize this

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Zinzino Announces Acquisition Of Zurvita’s Assets

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In a press release dated December 21, 2024, Zinzino announced that the company has finalized an agreement to acquire the assets of Zurvita, a direct-selling healthcare company, after serving as a debtor-in-possession (DIP) financier during Zurvita’s Chapter 11 bankruptcy proceedings.
Zinzino provided DIP financing totaling USD 4.5 million, and following the successful completion of the restructuring process, its offer to acquire Zurvita’s assets has been accepted as part of a debt-settled purchase arrangement. The final terms of the acquisition have now been agreed upon by both parties.

Under the agreement, Zinzino will pay a fixed purchase price of USD 9.4 million, which includes the DIP financing. Of this amount, USD 2.5 million will be settled through newly issued Zinzino shares.

Additionally, the acquisition includes contingent earn-out payments based on sales performance from 2025 to 2029, with a maximum additional consideration of USD 1.9 million, which will also be fully settled in newly issued Zinzino shares. The cash portion of the purchase price will be financed through Zinzino’s existing cash reserves.
Zurvita operates in the United States, Canada, and Mexico, offering a diverse portfolio of innovative health and wellness products. Through this acquisition, Zinzino will gain access to Zurvita’s distribution network, inventory, intellectual property

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Velovita® Acquires Assets of Jeunesse® Global

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Velovita®, a leader in revolutionary biohacking wellness solutions known for its vibrant “Snap” products, has recently acquired certain assets of Jeunesse® Global, a respected leader in the network marketing industry. Both companies have achieved remarkable success worldwide, building an impressive level of global brand awareness.
This acquisition symbolizes a pivotal moment for Velovita®, enhancing its mission to create new opportunities and drive global growth and enabling the company to further its commitment to promoting a healthy lifestyle through innovative biohacking wellness solutions worldwide.
What’s next for Velovita® and Jeunesse®?

“We are thrilled to welcome the Jeunesse® team to our network and to further our mission of delivering top-quality, cutting-edge, and impactful wellness solutions globally.
My life’s purpose has always been and continues to be to give back and open doors for people from all walks of life to reach greater levels of success. We have BIG plans in the works. Stay tuned for what’s coming next!”

Stated Kosta Gara.
CEO Kosta Gara, drawing on his extensive 31+ years of industry experience, meticulously crafted a personalized direct-selling ecosystem that provides a seamless platform for Distributors to cultivate and expand their businesses. Velovita’s in-house team of experts, spanning logistics, marketing, and engineering, is dedicated to spearheading revolutionary

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Prüvit Founders Buy Back The Company

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Prüvit sales topped $598 Million in 2021, since then sales have been in a steady decline according to the Business For Home data for Prüvit.
In a significant move marking a new chapter for Prüvit, the original founders, Brian Underwood, Chris Harding, and Terry LaCore, have approved the reacquisition of the company.
This strategic decision underscores their commitment to Prüvit’s foundational principles and its continued growth and success in the industry.

“We are thrilled to announce that we are bringing Prüvit back to its roots,” said Brian Underwood, one of the original founders.
“This reacquisition is not just a business decision but a step towards honoring the legacy that Prüvit has created and ensuring its continued impact in the future.”

The reacquisition aims to refocus on the core values and fundamentals that have been instrumental in Prüvit’s journey so far. The founders believe that this move will strengthen the company’s market position and enhance its ability to innovate and deliver value to its customers.
Prüvit will continue to be supported by the LaCore ecosystem, bringing with it capabilities, expertise, and capital to grow Prüvit to its full potential.

“Returning to the fundamentals is key to our future strategy,” stated Chris Harding, co-founder.
“Prüvit has always been

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Zinzino And ACN, Enter A Strategic Partnership In Europe

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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

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David C. Chung Acquires Amare Global

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David C. Chung, a visionary wellness and beauty products entrepreneur, and Amare Global, today announced Chung as majority shareholder and chairman. Chung will bring vast expertise in innovation, brand-building, supply chain, information technology, and overall operational excellence to continue to build the global mental wellness movement.
Chung is the founder and CEO of iLABS US and iLABS South Korea, state-of-the-art beauty innovation centers that offer R&D, turnkey product development, and exceptional finished goods to independent and leading beauty brands, and Morae Packaging, which offers quality glass, plastic, and sustainable packaging solutions for skincare, cosmetics, and fragrance. Chung is the founder and CEO of The Beauty Bank, LLC., which incubates new-to-market skincare and wellness brands, including The Rootist, biological care for the roots, scalp + hair.

“I am proud to join the talented executive leadership team, accomplished Brand Partners, and collective vision of Amare Global as we continue to lead the mental wellness category,”

said David Chung.

“With the growing demand for mental wellness solutions, Amare leads with innovative and efficacious products that support the gut-brain axis (GBX) and a healthy microbiome to support mental wellness and a balanced lifestyle.
Thanks to the far-reaching distribution base, we will create substantial value not only for

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Kannaway Completes Acquisition Of KZ1 (Exfuse) Network Marketing Company

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Medical Marijuana, Inc. (OTC: MJNA) (the “Company”), announced today that its network marketing division, Kannaway, has completed an Asset Purchase Agreement with eXfuse, LLC, dba KZ1 a Japan based network marketing company.
The KZ1 acquisition will increase the sales force of the Company’s Kannaway division in Japan by approximately 1,450 individuals and the Company believes the increased sales force will greatly benefit Kannaway’s ramp up in the Japanese market. KZ1’s premium product “Focus,” containing Nootropics, which helps support cognitive function, has been well received in the Japanese market and adds to the Company’s current line of CBD, natural health and beauty products.
Commenting on the acquisition, Kannaway President Bill Andreoli stated:
“The combining of these two companies’ products and distributor genealogies will have an immediate positive effect on revenue in Japan. I am so excited for Kannaway and KZ1 distributors coming together with such a strong message of Hemp & Wellness.”
Tim Scott, CEO said,
“We have worked hard to increase financial efficiency and increase cash flow and the acquisition of KZ1 fits right into this strategy. With this acquisition, combining the KZ1 sales force with Kannaway’s, we expect to see a strong impact in Japan. This is just another step in our strategy to grow

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iX Global Acquires DRIVEN Trading

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iX Global is pleased to announce that it has acquired DRIVEN Trading.
DRIVEN Trading is a trading education company led by CEO Cory Kromray, who is also a veteran of the direct selling industry. CEO and founder of iX Global Joseph Martinez and Cory recently agreed upon the terms of the acquisition, and the DRIVEN staff has already begun to be integrated into iX Global.
DRIVEN Trading is a young, successful company that is currently in their second year of operation. DRIVEN accomplished many firsts in their first year of operations: the first trading education company to launch an NFT collection from a live event, the first trading education company to give away an NFT wrapped supercar and the first trading education company to launch a state of art metaverse experience, amongst other exciting growth initiatives.
Entering their second year, DRIVEN Trading launched a new product series, investing in a mainstream direct to consumer collaborative platform that promised to deliver a powerful and diverse set of products ranging from education for beginners to the highest level of professional trading.
The platform delivered these products through a Platinum Master Series including courses, indicators, strategies, signals, masterminds, summits, live trading masterclasses and explosive collaborations with the

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