Tag Archive for Acquisition

Youngevity Acquires Renew Interests LLC – Sozo Global

 
Youngevity International, Inc., a global direct marketer of nutritional and lifestyle products – a Triple AAA+ classified opportunity by Business For Home – and also a vertically-integrated producer of gourmet coffees for the commercial, retail and direct sales channels, announced today that the Company has acquired assets of Renew Interests, LLC which includes SOZO Global and Integris brands and products.
These two companies have extensive quality product lines including: Nutrition, Coffee, Weight Loss, Energy, and Skin Care. SOZO and Integris when combined, are expected to bring a significant network of distributors and customers to Youngevity. 
Steve Wallach, Youngevity CEO, stated,
“The brands we acquired in this transaction exceed our high and stringent quality standards. I believe Sozo’s emphasis on the coffee berry as an ingredient will have particular appeal to our growing customer base. 

I

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Total Life Changes Acquires Ryte, Inc.

 
Effective August 3, 2016, Total Life Changes – aTriple AAA+ classified opportunity by Business For Home –  and Ryte, Inc. entered into an agreement 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.
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 has actively looked to extend its value in the worldwide arena by supporting businesses seeking assistance.
This new division in Salt Lake City will support companies like Ryte, Inc. seeking flexible considerations and support.
The founders/shareholders of Ryte, Inc., J. Riley Schaugaard, Dave Stewart and Jeff Wilson had this to say:

While our vision for Ryte wasn’t fully

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Yanbal Acquires Lulu Avenue Direct Selling Jewelry Business

 

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

 

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

 
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

 
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

 
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

 
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

 
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

 
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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