Tag Archive for Acquisition

Jeunesse Sold To LaCore Enterprises

According to a Jeunesse press release:
We are pleased to announce an affiliate company of LaCore, the global leader in sales and distribution based in Dallas, Texas has acquired 100% ownership of Jeunesse Global.
This acquisition will bring Jeunesse Global’s industry-leading skincare and wellness products to LaCore eco-system of companies, strengthening  it’s position in the international health and beauty market.
LaCore CEO Terry LaCore began his career in sales and distribution as an independent distributor. Never forgetting what it takes top build an organization of trusted retailers and customers he has leveraged his 25+ year of expertise to develop a global ecosystem.
We are exited to welcome the Jeunesse Global team to the LaCore family and look forward to working together to continue delivering high-quality products and innovative solutions to our customers and distributors”
Stated Terry LaCore.
Terry LaCore immediately appoints Jason Borné as CEO. Mr. Borné brings an 18+year relationship with LaCore and over 30 years of networking experience with a focus on leadership development, sales and training.
“I am excited to be a part of Terry LaCore’s vision to launch Jeunesse Global into a new era with servant leadership, and a win-win distributor first driven business to service customers across the world.
We are excited

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Medical Marijuana, Inc. (Kannaway) Acquires MFINITY Global (Bill Andreoli)

Medical Marijuana, Inc. (OTC: MJNA) (the “Company”), the first-ever publicly traded cannabis company in the United States that launched the world’s first-ever cannabis-derived nutraceutical products, brands, and supply chain, announced today that it has entered into an Asset Purchase Agreement with MFINITY Global LLC, a direct-selling organization focused on promoting natural health and a rewarding sales model.
Additionally, Bill Andreoli, the President of MFINITY Global will become the President of Medical Marijuana, Inc. subsidiary, Kannaway, LLC. 
The MFINITY product line features Muscadine, a powerful antioxidant that provides many wellness benefits. MFINITY products will be marketed and sold exclusively under the Kannaway brand and are now available for sale through Kannaway independent distributors and on Kannaway.com.
The MFINITY sales force, known otherwise as Brand Ambassadors, will become Kannaway Brand Ambassadors, and will immediately have access to market and sell the world’s leading non-psychoactive, cannabis-based products.
The asset purchase aligns with Medical Marijuana Inc.’s newly implemented growth model of expansion via acquisition. The addition of newly appointed Kannaway President, Bill Andreoli, further positions the Company to pursue this strategy given Mr. Andreoli’s success in completing over a dozen acquisitions throughout his career.
Medical Marijuana Inc.’s in-house manufacturing and distribution capabilities enable the company to easily add formulations and

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Amare Global Acquires Kyäni

Amare Continues Momentum and Expands Global Footprint with Strategic Partnership
Amare Global, The Mental Wellness Company, announced today the acquisition of Kyäni, Inc., a globally recognized and respected pioneer in health and wellness with business operations in over 50 countries.
Through this acquisition, Amare begins a strategic partnership with Kyäni to further expand global reach after tripling partner growth and doubling revenue and customer growth this year, despite global economic challenges.
Jared Turner, CEO Amare Global stated:
“This has been a year of transformative growth and momentum at Amare, and we could not ask for a better partner than Kyäni to help propel our global vision to share the benefits of mental wellness.
We are prepared to take this next step as a company to accelerate global expansion and build a foundation of empowerment, wellbeing, and opportunity for as many people as possible. Many thanks to our passionate employees, Brand Partners and customers who’ve helped us reach this milestone.”
Founded in 2018 by successful entrepreneur Hiep Tran, Amare Global focuses on creating products that support mental wellness through the gut-brain-axis.
Hiep’s vision of creating a company focused on mental wellness stems from his own journey in health and wellness after experiencing extreme burnout in the business world. This

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BestLife Worldwide Creates A Strategic Alliance With DECENTRA

Steve Moretta, CEO of BestLife Worldwide, is now a legend in the network marketing industry with 30 years of experience. He founded his own health and wellness company, Best Life, 14 years ago.
Best Life and Decentra will join forces in a strategic alliance that will enable Best Life members to also benefit from Decentra’s digital services.
Steve Moretta started out very young, when he was just 17 years old. All the experience he lacked, he received it in the following years the hard way.
“I learned in the school of hard knocks. I was in two companies: in the first one, I did very badly, but I learned a lot about the fundamentals and the necessary disciplines; in the second one, I achieved the highest rank in record time with an organisation in more than 22 countries and more than 30,000 members in my network.
The American dream became a reality for me because of this industry”.
Another lesson was learned when Steve lost his wallet in a taxi while attending a convention outside his home country: he found himself selling retail products door-to-door and on the street in order to pay for a hotel, food for several days and a ticket home.

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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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