Tag Archive for Acquisitions

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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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Vida Divina Acquires Peruvian MLM, MIALÉ

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Vida Divina ® announces that it has finalized the acquisition of 100% of all the assets and fully taken over all operations of MIALÉ, a company with Headquarters in Lima, Peru.
Vida Divina Worldwide Inc., an influential multinational company and manufacturer of nutritional and lifestyle products, takes a bold step into the future by announcing the acquisition of MIALÉ, a leading Latin American multi-level marketing company headquartered in Lima, Peru, founded by entrepreneurs Christian Guevara and Roberto Guevara and with a portfolio of more than 25 products designed to improve people’s well-being.
The acquisition represents a strategic plan that promises to revolutionize the network marketing industry in South America and beyond. Vida Divina, which already has a global presence in more than 50 countries and with ten distribution centers worldwide, is now positioned to expand its reach and offer exceptional opportunities and products to an even broader audience.
Armand Puyolt, CEO of Vida Divina, expressed his enthusiasm for the acquisition:

“We have been working on adding multiple companies to our VIDA DIVINA® family for quite some time. We were drawn to MIALÉ due to their vision and desire for growth in the industry, and we are delighted to welcome them on board.”

Neftaly Pineda, COO

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Vida Divina® Adquiere MLM Peruana, MIALÉ

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VIDA DIVINA® announces that it has completed the acquisition of 100% of all assets and has fully assumed all operations of MIALÉ, a company based in Lima, Peru.
VIDA DIVINA WORLDWIDE INC, an influential multinational company and manufacturer of nutritional and lifestyle products, takes a bold step into the future by announcing the acquisition of MIALÉ, a leading Latin American multi-level marketing company based in Lima, Peru, founded by entrepreneurs Christian Guevara and Roberto Guevara and with a portfolio of more than 25 products designed to improve people’s well-being.
The acquisition represents a strategic plan that promises to revolutionize the network marketing industry in South America and beyond. VIDA DIVINA®, which already has a global presence in more than 50 countries and with ten distribution centers around the world, is now positioned to expand its reach and offer exceptional opportunities and products to an even broader audience.
Armand Puyolt, CEO of VIDA DIVINA®, expressed his excitement about the acquisition:

“We have been working to add several companies to our VIDA DIVINA® family for quite some time. We were attracted to MIALÉ because of their vision and desire for growth in the industry, and we are delighted to welcome them on board.

Neftaly Pineda, COO of

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Beautycounter Review: Transparency Concerns For Network Marketing Distributors

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Beautycounter founder and CEO Gregg Renfrew has left the company in January 2023. In 2022, Beautycounter named Marc Rey as CEO while Renfrew became the company’s Executive Chair and Chief Brand Officer.
The company, based in the US, was founded by Renfrew in 2011 and launched in 2013. The brand is sold online, in brick-and-mortar shops, through partnerships and via independent sellers across North America. In February 2023, BeautyCounter started selling through mass retailer Ulta Beauty both in stores and online.
In June 2023, Mindy Mackenzie has been appointed interim chief executive officer, effective immediately, according to a company press release.
BeautyCounter, is a network marketing company specializing in beauty products, reportedly pulled in an estimated $340 million in revenue for 2022. The company could potentially be offering average commission payments of 35% to the Network.
However, this information cannot be fully trusted, as the company fails to regularly offer press releases, lacks transparency in its financial matters, and doesn’t boast well-known top earners with clear visibility.
BeautyCounter in Facts and Figures
Positioned in the United States, BeautyCounter achieved an B rating from Business for Home, indicating that it presents many doubts for Network Marketing Professionals.
Facts and figures as of the day of publication of this

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The Pro’s And Con’s Of Network Marketing

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Network marketing, also known as multi-level marketing (MLM), is a business model that involves a network of distributors or representatives who earn income not only through their own sales but also through the sales made by their team members.
The advantages of Network Marketing

You are in control, you do not have a boss.

As a business owner, you do not have a “boss in” Network Marketing. You can take (free) advice from more mature leaders as from your company executives however you decide how to work. You have the authority and responsibility for your own actions.
Important is that you read and understand the company policies and procedures. If you want to build up a team through social media, please check if the company has guidelines. Most companies are fine with social media, some legacy companies have strict procedures.

Low initial investment.

Many network marketing companies require a relatively low initial investment, (a couple of hundred USA dollars), compared to starting a traditional business.($100,000+)  This makes it more accessible to individuals who may not have substantial capital to begin a business.

Flexibility.

Network marketing often allows individuals to work on their own schedule and at their own pace. This flexibility can be appealing to those looking for part-time

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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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Jeunesse Sold To LaCore Enterprises

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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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GO Global Acquires The Network Marketing Division Of OmegaPro

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Online education platform, GO Global just announced the successful acquisition of the network marketing division of OmegaPro.
GO Global is an education platform catered to offering the best skill development training to empower the world.
With resources customized to perfection by industry experts, GO Global will be a one-stop destination for accessing fundamental tools, specialized materials, dedicated coaches and once-in-a-lifetime experiences. GO Global’s ambition is to develop future leaders by breaking down barriers through education. 
Mission accomplished
To see this steep endeavor through, Nader Poordeljoo, CEO and A.K. Khalil, COO, embarked on an opportunistic journey to acquire the network marketing division of OmegaPro.
With this move, GO Global can strengthen its business connections swiftly and quickly establish itself as a major player on a global level.
With this move, GO Global will make use of the existing OmegaPro network marketing base which will further accelerate the potential growth of the company.
The members will have the option to register on GO Global’s education platform and participate in the company’s various programs. This means, they get to benefit from their network marketing base and as well benefit from the value-added educational content of GO Global. 
The GO vision
Being able to serve the community in the best

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